BofA Maintains Buy Rating on Monster Beverage (MNST)

Monster Beverage Corporation (NASDAQ:MNST) is one of the 10 Best Debt Free Blue Chip Stocks to Invest In.

On April 9, 2026, BofA analyst Peter Galbo lowered the price target on Monster Beverage Corporation (NASDAQ:MNST) to $96 from $100 and maintained a Buy rating as part of broader estimate revisions ahead of earnings in the U.S. consumer staples group.

Similarly, RBC Capital lowered its price target on Monster Beverage to $86 from $88 and kept an Outperform rating in a Q1 preview across beverages and packaged food. RBC said the March quarter is expected to be stable but still marked by sluggish top-line growth, with investor focus shifting to forward guidance amid inflationary pressures tied to the Middle East conflict. While a ceasefire is viewed as a positive development, the firm expects lingering impacts and elevated commodity costs relative to pre-conflict levels.

BofA Maintains Buy Rating on Monster Beverage (MNST)

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Meanwhile, Wells Fargo lowered its price target on Monster Beverage to $85 from $90 and maintained an Overweight rating. The firm said it is reducing estimates across the sector ahead of quarterly results, with revisions driven by company-specific commodity assumptions that point to a more prolonged inflationary backdrop, with margin recovery pushed into late 2026 and 2027, and more meaningful normalization expected by 2028.

Monster Beverage Corporation (NASDAQ:MNST) produces and markets energy drinks globally.

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