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Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Coca-Cola Europacific Partners (CCEP) and Monster Beverage (MNST)

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Coca-Cola Europacific Partners (CCEPResearch Report) and Monster Beverage (MNSTResearch Report).

Coca-Cola Europacific Partners (CCEP)

In a report released today, Bonnie Herzog from Goldman Sachs reiterated a Buy rating on Coca-Cola Europacific Partners. The company’s shares closed last Wednesday at $69.66.

According to TipRanks.com, Herzog is a 4-star analyst with an average return of 3.2% and a 57.0% success rate. Herzog covers the Consumer Goods sector, focusing on stocks such as Constellation Brands, Vita Coco Company, and Colgate-Palmolive.

Currently, the analyst consensus on Coca-Cola Europacific Partners is a Strong Buy with an average price target of $76.99, representing a 12.5% upside. In a report issued on April 12, Barclays also maintained a Buy rating on the stock with a $75.00 price target.

See the top stocks recommended by analysts >>

Monster Beverage (MNST)

Monster Beverage received a Sell rating and a $46.00 price target from Truist Financial analyst Bill Chappell today. The company’s shares closed last Wednesday at $54.33.

According to TipRanks.com, Chappell is a 4-star analyst with an average return of 4.4% and a 53.8% success rate. Chappell covers the Consumer Goods sector, focusing on stocks such as Constellation Brands, Central Garden Pet, and Procter & Gamble.

Currently, the analyst consensus on Monster Beverage is a Moderate Buy with an average price target of $63.44.

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