UBS triggers price targets for monsters (MNST) and maintains a neutral rating
Monster Beverage Corporation (NASDAQ:MNST) is one of Buy Now Most Profitable Consumer Stocks. UBS has raised Monster Beverage Corporation’s price target. (NASDAQ: MNST) From $63 to $64 on July 17th, neutral Rating agencies continue to take measured views on the energy drink giant’s short-term outlook. The modest adjustments reflect the progressive optimism regarding the company’s distribution profits and innovation pipeline, but also suggest limited space for outperformance at the current level.
The Monster faces intense competition with newcomers and legacy beverage rivals, and has leaned towards international expansion and product expansion to maintain momentum. UBS analysts said the overall US market has become more crowded and pressured shelves space and pricing while these initiatives show progress.
While the recent launch of alcoholic products for alcoholism under the Beast Unleashed brand has attracted interest, UBS appears to be waiting for more evidence of meaningful revenue contributions before revising its broader outlook. Monster stocks have been trading in a relatively tight range over the past quarter as investors consider category growth against margin pressure from higher input costs.
When inventory hoveres below 8.5% of the new target, neutral call highlights a wait and reference approach from UBS as the company navigates the competitive landscape that shifts.
While acknowledging the potential of MNST as an investment, we believe certain AI stocks offer a greater reverse chance and pose a risk of decline. If you’re looking for a highly undervalued AI stock that can make a significant profit from the tariff and supervision trends of the Trump era, check out our free report. Best Short-Term AI Stocks.
Read next: Top 10 Healthcare AI Stocks to Buy According to Hedge Funds and 10 Best Industrial Automation Stocks to Buy for the Next 10 Years
Disclosure: None.