Piper Sandler Maintains Overweight on Celsius Holdings, Lowers Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Michael Lavery maintains an Overweight rating on Celsius Holdings but lowers the price target from $50 to $47.
September 24, 2024 | 12:35 pm
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Piper Sandler has maintained an Overweight rating on Celsius Holdings but has reduced the price target from $50 to $47, indicating a slightly less optimistic outlook.
The reduction in the price target from $50 to $47 suggests a slightly less optimistic view on the stock's potential, which could lead to a short-term negative impact on the stock price. However, the maintained Overweight rating indicates continued confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100