Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Monster Beverage (MNST) and Brown-Forman B (BF.B)
Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Monster Beverage (MNST) and Brown-Forman B (BF.B).
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Monster Beverage (MNST)
Piper Sandler analyst Michael Lavery maintained a Buy rating on Monster Beverage today and set a price target of $94.00. The company’s shares closed last Friday at $89.55.
According to TipRanks.com, Lavery 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, representing a 4.1% upside. In a report issued on May 21, Evercore ISI also maintained a Buy rating on the stock with a $95.00 price target.
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Brown-Forman B (BF.B)
In a report released today, Gerald Pascarelli from Needham reiterated a Hold rating on Brown-Forman B. The company’s shares closed last Friday at $26.16.
According to TipRanks.com, Pascarelli is ranked 0 out of 5 stars with an average return of
Currently, the analyst consensus on Brown-Forman B is a Hold with an average price target of $26.64, implying a 5.2% upside from current levels. In a report released today, TipRanks – PerPlexity also downgraded the stock to Hold with a $28.00 price target.
Read More on MNST:
Disclaimer & DisclosureReport an Issue
- Monster Beverage Announces Planned Board and Leadership Transition
- Monster Beverage price target raised to $103 from $100 at Morgan Stanley
- Monster Beverage Rides Record Sales Amid Margin Squeeze
- Monster Beverage Announces New $500 Million Share Repurchase
- Monster Beverage announces new $500M share repurchase program
