By: Benzinga
December 12, 2012 at 11:38 AM EST
UPDATE: Citigroup Reiterates Neutral Rating, Raises PT on Monster Beverage Corp.
In a report published Wednesday, Citigroup reiterated its Neutral rating on Monster Beverage Corp. (NASDAQ: MNST ), and raised its price target from $48.00 to $60.00. Citigroup noted, “MNST's outsized revenue growth – both past and future, we suspect – makes it unique among its peers. That said, we think
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