Morgan Stanley Maintains Equal-Weight on Celsius Holdings, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Eric Serotta maintains an Equal-Weight rating on Celsius Holdings (NASDAQ:CELH) but lowers the price target from $68 to $50.
August 07, 2024 | 4:23 pm
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Morgan Stanley analyst Eric Serotta maintains an Equal-Weight rating on Celsius Holdings but lowers the price target from $68 to $50.
The lowered price target from $68 to $50 by a major financial institution like Morgan Stanley is likely to negatively impact investor sentiment and could lead to a short-term decline in the stock price of Celsius Holdings.
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