Information Provided By:
Fly News Breaks for October 15, 2018
MNST
Oct 15, 2018 | 09:06 EDT
As previously reported, Evercore ISI analyst Robert Ottenstein downgraded Monster Beverage to In Line from Outperform as he sees fitness/sports energy drinks being poised to take share from traditional energy drinks. He believes the fact that Monster is working on products that do not carry the Monster trademark suggests the company's concern. If this change is not just evolutionary but "truly disruptive, "incumbents such as Monster may be at risk, Ottenstein tells investors.
News For MNST From the Last 2 Days
There are no results for your query MNST