Stifel Maintains Buy on Celsius Holdings, Lowers Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Mark Astrachan maintains a Buy rating on Celsius Holdings (NASDAQ:CELH) but lowers the price target from $61 to $51.
September 05, 2024 | 12:14 pm
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NEUTRAL IMPACT
Stifel analyst Mark Astrachan continues to recommend buying Celsius Holdings stock but has reduced the price target from $61 to $51, indicating a more cautious outlook.
The maintained Buy rating suggests continued confidence in Celsius Holdings, but the lowered price target reflects a more cautious stance, possibly due to market conditions or company performance. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100