Here's Why We Have Changed Monster Worldwide's Price Estimate To $6.41

On the basis of these earning results, we have reduced our price estimate for the company from $6.80 to $6.41. This is as we have lowered the company?s top-line outlook for 2015, even while we have kept the profitability estimates largely unchanged. We believe Monster could continue to see headwinds in the near-term owing to appreciation of the U.S. dollar and weak demand in the European market. However, the company could return to growth over the long-run as its growth strategies are showing pr...