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Why Monster Beverage Can Gain 20%

2015-06-12 21:24:00| Beverages - Topix.net

Why did UBS analysts Stephen Powers and Megan Cody explain why they upgraded Monster Beverage to Buy from Neutral? It has a lot to do with Coca-Cola . They explain: Since reporting Q1 results, Monster's share price has fallen almost -12% due to concerns over a deferral of the Coca-Cola deal closure, and likely choppiness both domestically and overseas as the system transitions to Coca-Cola distribution .

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