Jefferies Maintains Buy on Celsius Holdings, Lowers Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Kaumil Gajrawala maintains a Buy rating on Celsius Holdings (NASDAQ:CELH) but lowers the price target from $68 to $53.
September 05, 2024 | 3:54 pm
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NEUTRAL IMPACT
Jefferies has maintained its Buy rating on Celsius Holdings but has lowered the price target from $68 to $53, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Celsius Holdings, but the lowered price target indicates a more cautious outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100