Stifel Maintains Buy on Celsius Holdings, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Mark Astrachan maintains a Buy rating on Celsius Holdings (CELH) but lowers the price target from $95 to $85.

May 02, 2024 | 5:43 pm
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Stifel maintains a Buy rating on Celsius Holdings but lowers the price target from $95 to $85.
The adjustment in price target by Stifel reflects a recalibration of expectations for Celsius Holdings, likely due to updated market analysis or company performance insights. While the reduction in price target could suggest a tempered outlook, the maintenance of a Buy rating indicates continued confidence in the company's fundamentals and growth prospects. This mixed signal might lead to short-term uncertainty among investors, balancing optimism with caution.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100