Monster Beverage backed for gains by Goldman Sachs

|About: Monster Beverage Corp. (MNST)|By:, SA News Editor

Goldman Sachs reiterates its Buy rating on Monster Beverage (NASDAQ:MNST).

The investment firm has a $85 price target on shares of the energy drink maker which factors in a bit of a takeover premium.

Monster is set to release Q2 numbers on August 7.