Celsius Holdings shares are trading higher after Jefferies maintained a Buy rating on the stock and raised its price target from $98 to $105.
Portfolio Pulse from Benzinga Newsdesk
Celsius Holdings' stock price increased following Jefferies' decision to maintain a Buy rating and raise its price target from $98 to $105.
March 13, 2024 | 3:37 pm
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POSITIVE IMPACT
Celsius Holdings' stock price is likely to experience a short-term increase following the positive analyst rating and raised price target by Jefferies.
Analyst ratings and price target adjustments are significant indicators for stock performance. Jefferies' decision to maintain a Buy rating and increase the price target for Celsius Holdings reflects a strong vote of confidence in the company's future performance, likely leading to increased investor interest and a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100