Celsius Holdings shares are trading lower after Stifel maintained a Buy rating on the stock and lowered its price target from $85 to $65.
Portfolio Pulse from Benzinga Newsdesk
Celsius Holdings shares are trading lower after Stifel maintained a Buy rating on the stock but lowered its price target from $85 to $65.
June 26, 2024 | 2:13 pm
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Celsius Holdings shares are trading lower after Stifel maintained a Buy rating on the stock and lowered its price target from $85 to $65.
The reduction in the price target from $85 to $65 by Stifel, despite maintaining a Buy rating, suggests a less optimistic outlook for Celsius Holdings. This has led to a negative market reaction, causing the shares to trade lower.
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