UBS Maintains Buy on Celsius Holdings, Lowers Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Peter Grom maintains a Buy rating on Celsius Holdings (NASDAQ:CELH) but lowers the price target from $99 to $92.
May 08, 2024 | 1:24 pm
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NEUTRAL IMPACT
UBS maintains a Buy rating on Celsius Holdings but lowers the price target from $99 to $92.
The reduction in price target by UBS, despite maintaining a Buy rating, suggests a slightly adjusted but still positive outlook on Celsius Holdings. This could lead to mixed reactions in the short term, as investors weigh the positive endorsement against the lowered expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100