This morning, JP Morgan upgraded shares of Monster Beverage (NASDAQ:MNST) from neutral to overweight as both sales and earnings growth are accelerating. In the report, JP Morgan set a $74 price target. Shares of Monster Beverage were higher on Monday, climbing 1% so far.
Goldman Sachs increased its price target on shares of Amazon.com (NASDAQ:AMZN) to $450 as the company continues to expand into different areas of the market. In the report, Goldman noted that the company is increasing market share and reiterated its buy rating. Shares of Amazon.com were lower, despite the report, falling 0.4% today.
UBS increased its price target on shares of Harley Davidson (NYSE:HOG) to $67 as retail sales continue to increase year over year by significant amounts. In the report, UBS increased its EPS estimates as well, but maintained its neutral rating. Shares of Harley Davidson were lower by 0.4% on Monday afternoon.
And Janney Montgomery added shares of Lululemon (NASDAQ:LULU) to its "Best Ideas List" as recent channel checks has shown strong customer loyalty across their base. In the report, Janney Montgomery set a $90 price target. Shares of Lululemon were higher by 3.1% on the news.
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