Celsius Holdings shares are trading higher after Wedbush maintained an Outperform rating on the stock and raised its price target from $75 to $90.
Portfolio Pulse from Benzinga Newsdesk
Celsius Holdings' stock price increased following Wedbush's decision to maintain an Outperform rating and raise its price target from $75 to $90.
March 04, 2024 | 3:16 pm
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POSITIVE IMPACT
Celsius Holdings' stock price is likely to experience a short-term increase following the positive outlook and raised price target from Wedbush.
Analyst ratings and price target adjustments are significant indicators for stock performance. Wedbush's decision to maintain an Outperform rating and increase the price target for Celsius Holdings from $75 to $90 provides a strong positive signal to the market, likely leading to increased investor confidence and a short-term rise in CELH's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100