Wells Fargo Maintains Overweight on The Vita Coco Co, Lowers Price Target to $65
Wells Fargo analyst Chris Carey maintains The Vita Coco Co (NASDAQ:COCO) with a Overweight and lowers the price target from $85 to $65.
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Oppenheimer analyst Rupesh Parikh initiates coverage on The Vita Coco Co (NASDAQ:COCO) with a Outperform rating and announces Price Target of $70.
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Wells Fargo analyst Chris Carey maintains The Vita Coco Co (NASDAQ:COCO) with a Overweight and lowers the price target from $85 to $65.
Analysts initiated bullish coverage on Vita Coco, Toll Brothers, Civeo, Teva and Kura Oncology, with price targets of $70, $159, $42, $55 and $30.
Monster Beverage's international sales jumped 34.6% to $1.16B in Q2 2026, now representing 46% of total sales. Strong growth in EMEA (27.2%), Asia-Pacific (35.7%), and Latin America (56.1%) is driven by product innovation, cooler placements, and Coca-Cola bottler partnerships. However, lower overseas margins and inflation in aluminum, freight, and fuel pose challenges. The stock trades at a premium 36.59X forward P/E, well above the industry average of 19.32X.