Morgan Stanley Maintains Equal-Weight on Celsius Holdings, Maintains $75 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Eric Serotta has maintained an Equal-Weight rating on Celsius Holdings (NASDAQ:CELH) and has also maintained a $75 price target for the company.
March 27, 2024 | 6:18 pm
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NEUTRAL IMPACT
Morgan Stanley has reaffirmed its Equal-Weight rating and $75 price target on Celsius Holdings, indicating a neutral outlook on the stock's short-term movement.
The reaffirmation of the Equal-Weight rating and price target by a major financial institution like Morgan Stanley suggests a neutral stance on the stock's short-term performance. This indicates that while there may not be significant negative factors at play, there also might not be strong positive catalysts expected in the near term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90