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Evercore ISI Group Raises Price Target for MNST to $85 | MNST St
Evercore ISI Group has maintained its “Outperform” rating for Monster Beverage (MNST) and increased its price target from $80.00 to $85.00, representing a 6.25% rise. This update follows similar positive adjustments from several other analysts in recent weeks. Despite the positive analyst sentiment, the average target price from 23 analysts suggests a slight downside from the current stock price, while GuruFocus estimates a larger downside based on its GF Value.