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

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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…

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