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Fly News Breaks for January 17, 2018
MNST
Jan 17, 2018 | 09:19 EDT
Stifel analyst Mark Astrachan raised his 2018 and 2019E EPS estimates for Monster Beverage to reflect his expectations for a lower tax rate, increased share buybacks and higher sales growth. He increased his price target on Monster shares to $73 and keeps a Buy rating on the stock.
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