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Fly News Breaks for March 5, 2018
MNST
Mar 5, 2018 | 08:04 EDT
Morgan Stanley analyst Dara Mohsenian said he views the 15% selloff in Monster's stock following the company's earnings report as a "compelling" buying opportunity. While the Q4 results were "much worse than expected," he sees some silver linings that could emerge in terms of a potential margin recovery at some point and he still sees sizeable long-term growth potential ahead of market expectations, Mohsenian tells investors. He has a $67 price target on Monster Beverage shares.
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