Key Events for Consumer Stocks This Week
After Monster Beverage (MNST) announced its results on May 8, many brokerage firms reduced their target prices for the stock. After Coty (COTY) announced its results on May 9, many brokerage firms reduced their target prices for the stock. Deutsche Bank downgraded the stock to a “hold” from a “buy” and cut the price target to $13 from $21.