Wedbush Maintains Outperform on Celsius Holdings, Lowers Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Gerald Pascarelli maintains an Outperform rating on Celsius Holdings (NASDAQ:CELH) but lowers the price target from $85 to $83.
June 12, 2024 | 1:13 pm
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NEUTRAL IMPACT
Wedbush analyst Gerald Pascarelli maintains an Outperform rating on Celsius Holdings but lowers the price target from $85 to $83.
The Outperform rating suggests continued confidence in the stock's performance, but the lowered price target indicates a slight reduction in expected upside. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100