Maxim Group Maintains Buy on Celsius Holdings, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Maxim Group analyst Anthony Vendetti maintains a Buy rating on Celsius Holdings (NASDAQ:CELH) but lowers the price target from $65 to $50.
September 05, 2024 | 4:36 pm
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Maxim Group's analyst Anthony Vendetti continues to recommend buying Celsius Holdings but has reduced the price target from $65 to $50, 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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IMPORTANCE 80
RELEVANCE 100