Analysts Offer Insights on Consumer Goods Companies: Costco (COST) and Monster Beverage (MNST)
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
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
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.
Read More on COST:
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- Costco Stock Forecast: Trending Bullish Among Top Analysts
- Unusually active option classes on open June 4th
- Costco: Robust Comps and Reaccelerating Digital Sales Support Buy Rating, Price Target Reaffirmed at $1275
- Costco Stock (COST) Rises as Retail Giant Delivers Another Month of Sales Growth
- Costco reports May comparable sales up 12.5%
