Why Celsius Holdings Shares Are Rising Thursday
Portfolio Pulse from Erica Kollmann
Celsius Holdings, Inc. (NASDAQ:CELH) shares are trading higher after Wedbush raised its price target from $130 to $155, maintaining an Outperform rating. Analyst Gerald Pascarelli cites triple-digit growth, consumer takeaway trends, long-term US market share opportunity, and international expansion as catalysts for the stock.
June 22, 2023 | 5:26 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Celsius Holdings shares are up after Wedbush raised its price target from $130 to $155, citing growth, consumer trends, and international expansion.
Wedbush's raised price target and maintained Outperform rating on Celsius Holdings indicate a positive outlook for the stock. The analyst's mention of triple-digit growth, consumer takeaway trends, long-term US market share opportunity, and international expansion as catalysts for the stock further supports the bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100