Monster Beverage Leverages Functional, Zero-Sugar Innovations To Capture Energy Drink Market Growth
Monster Beverage Corporation MNST shares are trading higher on Friday.On Thursday, the company reported second-quarter results, where net sales increased 11.1% to 1.90 billion in the same period last year.Goldman Sachs analyst Bonnie Herzog reiterated the Buy rating on Monster, raising the price forecast from 73.Also Read: Celsius Holdings Q2 FY2025 Earnings Call TranscriptHerzog said expectations were elevated for Monster Beverage’s second-quarter results due to rapidly accelera ...