JPMorgan upgrades Monster Beverage, says it’s attractive heading into 2023


JPMorgan thinks it’s time to buy shares of Monster Beverage. Analyst Andrea Teixeira upgraded shares of Monster Beverage to overweight from neutral ahead of the company’s third-quarter earnings results this week. She said the outlook appears rosy for the energy drink maker as supply chain pressures abate. “We think MNST is well positioned into 2023E…

Leave a Reply

Your email address will not be published. Required fields are marked *