Roth MKM Maintains Buy on Celsius Holdings, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Sean McGowan maintains a Buy rating on Celsius Holdings (NASDAQ:CELH) but lowers the price target from $65 to $45.
September 05, 2024 | 3:37 pm
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Roth MKM's analyst Sean McGowan continues to recommend buying Celsius Holdings but has reduced the price target from $65 to $45, indicating a more cautious outlook.
The maintained Buy rating suggests continued confidence in Celsius Holdings' potential, but the lowered price target reflects a more conservative valuation, possibly due to market conditions or company performance. This mixed signal may lead to neutral short-term price movement.
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