Monster Beverage Stock: Short Report Risks vs Upside Potential
Monster Beverage’s NASDAQ: MNST stock received an unwelcome short report that has produced a headwind for the share price. Monster Beverage TodayMNSTMonster Beverage$60.92 +0.87 (+1.45%) 52-Week Range$43.32▼$61.06P/E Ratio39.04Price Target$58.89Add to WatchlistSpruce Point alleged issues with increased competition, increased regulatory hurdles, and unsustainable international growth among other causes for concern. However, the report reads more like a reason not to invest than a compelling argument for sh ...