Stifel Nicolaus increases its price target on Monster Beverages (MNST) to $123 from $95 to go...

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

Stifel Nicolaus increases its price target on Monster Beverages (MNST) to $123 from $95 to go along with its Buy rating on shares. Analysts point to solid U.S. share gains and the potential for international expansion for the energy drink maker. Shares +0.6% premarket.