Monster Beverage (MNST) is poised to offer "rebounding" topline growth this year, which will be in contrast to struggles at most of its consumer packaged goods industry peers, Morgan Stanley said in a note Friday.
The investment bank described the company's rebounding sequential organic sales growth in Q4 as a "standout" compared with the "muted" OSG results elsewhere in the industry.
"We still think the key driver of the stock will be a building pace of topline recovery that played out in Q4 even before much easier comparisons beginning in Q2 of 2025," Morgan Stanley said.
Morgan Stanley lifted Monster Beverage's price target to $60 from $55 and maintained its overweight rating.
The company's shares were up 5.7% in recent Friday trading.
Price: 54.87, Change: +2.95, Percent Change: +5.69