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246,522 Shares in Monster Beverage Corporation $MNST Bought by Defender Capital LLC.
Defender Capital LLC recently acquired 246,522 shares of Monster Beverage Corporation (NASDAQ:MNST) worth approximately $18.9 million, making it their sixth-largest holding. Monster Beverage exceeded Q4 earnings expectations with $0.51 EPS on $2.10 billion revenue, and analysts currently rate the stock a “Moderate Buy” with an average target price of $83.95. The company’s stock has a market cap of $71.53 billion, with a P/E ratio of 37.74, and has seen its price objectives raised by several firms.