Celsius Holdings shares are trading higher after Wedbush maintained an Outperform rating on the stock and raised its price target from $130 to $155.
Portfolio Pulse from Benzinga Newsdesk
Celsius Holdings shares are trading higher after Wedbush maintained an Outperform rating on the stock and raised its price target from $130 to $155.
June 22, 2023 | 2:27 pm
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POSITIVE IMPACT
Wedbush maintained an Outperform rating on Celsius Holdings and raised its price target from $130 to $155, causing the stock to trade higher.
The news of Wedbush maintaining an Outperform rating and raising its price target for Celsius Holdings directly impacts the stock price, as it indicates a positive outlook for the company. This can lead to increased investor confidence and demand for the stock, causing the price to rise in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100