Impact of Slowing US Sales on Monster Beverage Stock Price Target
Wednesday, 12 June 2024, 08:44
Overview
Financial analysts at Roth and MKM have revised the target price for Monster Beverage shares following a slowdown in sales growth in the US market.
Key Points:
- The target price for Monster Beverage has been lowered due to reduced sales growth in the US
- This adjustment reflects concerns about the company's performance in response to changing consumer trends
- Investors are monitoring the impact of these developments on the stock's valuation and future outlook
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