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Analysts’ Actions: Monster Beverage, Darden and Netflix All Likely to Head Higher

July 22, 2023
in Trade Tube
Reading Time: 1 min read
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Netflix, Monster and Darden could all move higher, analysts say in Tuesday’s Analysts’ Actions. Netflix had its price target increased to $450 from $400 at Barclays. However, the firm remains wary, maintaining an EQUAL WEIGHT rating. BMO Capital bumped up its price target on Monster Beverage to $150 from $140 and reiterated an OUTPERFORM rating. Analysts said regulatory risks have lessened after a scientific report debunked some of the health concerns over caffeinated energy drinks. Restaurant owner Darden was boosted to $63 a share at Jefferies. The firm said cost-cutting initiatives are beginning to take effect.

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