Monster Beverage ( NASDAQ:MNST – Get Rating ) had its target price reduced by Wells Fargo & Company from $115.00 to $113.00 in a report released on Wednesday, MarketBeat.com reports. They currently have an overweight rating on the stock. Other equities analysts have also recently issued reports about the company. Royal Bank of Canada boosted their price target on Monster Beverage from $98.00 to $106.00 and gave the stock an outperform rating in a report on Friday, November 4th. UBS Group boosted their price target on Monster Beverage from $99.

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