B of A Securities Downgrades Celsius Holdings to Neutral, Announces $65 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Jonathan Keypour has downgraded Celsius Holdings (NASDAQ:CELH) from Buy to Neutral and set a price target of $65.
January 19, 2024 | 12:58 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Celsius Holdings was downgraded by B of A Securities from Buy to Neutral with a new price target of $65.
Downgrades by analysts can lead to a negative perception among investors, potentially causing short-term price declines. The new price target, while potentially lower than the current trading price, reflects the analyst's revised expectations for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100