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Fly News Breaks for August 18, 2016
MNST
Aug 18, 2016 | 07:17 EDT
Jefferies analyst Kevin Grundy raised his price target for Monster Beverage to $175 citing a higher group multiple after analyzing the company's sales growth outlook through 2020. The analyst keeps a Hold rating on the shares. Citi this morning offered a bullish outlook on Monster's growth potential in Brazil.
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