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Analysts Offer Insights on Consumer Goods Companies: Costco (COST) and Monster Beverage (MNST)

Tipranks - Fri Jun 5, 9:16AM CDT

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Costco (COST) and Monster Beverage (MNST).

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Costco (COST)

In a report released today, Michael Baker from D.A. Davidson maintained a Hold rating on Costco. The company’s shares closed last Thursday at $986.91.

According to TipRanks.com, Baker is a 4-star analyst with an average return of 5.8% and a 54.1% success rate. Baker covers the NA sector, focusing on stocks such as Dick’s Sporting Goods, The Lovesac Company, and Advance Auto Parts. ;'>

Costco has an analyst consensus of Moderate Buy, with a price target consensus of $1110.20, implying a 12.5% upside from current levels. In a report issued on May 20, TipRanks – xAI also downgraded the stock to Hold with a $1160.00 price target.

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Monster Beverage (MNST)

In a report released today, Robert Ottenstein from Evercore ISI maintained a Buy rating on Monster Beverage, with a price target of $95.00. The company’s shares closed last Thursday at $90.21.

According to TipRanks.com, Ottenstein is a 4-star analyst with an average return of 2.8% and a 50.9% success rate. Ottenstein covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, The Estée Lauder Companies, and Anheuser-Busch Inbev Sa. ;'>

Monster Beverage has an analyst consensus of Moderate Buy, with a price target consensus of $92.63, a 2.9% upside from current levels. In a report issued on May 27, Bank of America Securities also reiterated a Buy rating on the stock with a $99.00 price target.

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