NEW YORK (TheStreet) -- Shares of Monster Beverage Corp (MNST) were jumping, up 4.37% to $132.46 in early market trading Tuesday, after analysts at Citigroup added the company to its 'Focus List' earlier today.
The firm calls Monster Beverage its top pick in U.S. beverages.
Citi analysts are expecting "outsized" sales and earnings growth over the next five years from the energy drink maker.
Citigroup added that it sees "considerable upside" to the stock from its current levels.
The firm maintained its "buy" rating with a $155 price target.
Monster Beverage is a holding company that develops, markets, sells and distributes a variety of alternative beverages including non-carbonated ready-to-drink iced teas, lemonades, and juice cocktails.
The company is based in Corona, Calif.
Separately, TheStreet Ratings team rates MONSTER BEVERAGE CORP as a Hold with a ratings score of C+. TheStreet Ratings Team has this to say about their recommendation:
"We rate MONSTER BEVERAGE CORP (MNST) a HOLD. The primary factors that have impacted our rating are mixed, some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, premium valuation and weak operating cash flow."