Analyst Downgrade Fuels Further Decline for Celsius (CELH) Shares Amid Sales Concerns and Investor Lawsuit- Hagens Berman
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Celsius Holdings (CELH) shares have faced further decline due to an analyst downgrade, sales concerns, and a shareholder lawsuit. Roth MKM reduced its price target for CELH, adding to the company's challenges.
January 06, 2025 | 10:30 pm
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Celsius Holdings shares are under pressure due to an analyst downgrade by Roth MKM, which lowered the price target to $38. The company is also facing sales concerns and a shareholder lawsuit.
The downgrade by Roth MKM reflects concerns about Celsius's sales and its distribution agreement with PepsiCo, which are significant factors for investors. The ongoing shareholder lawsuit further adds to the negative sentiment, likely impacting the stock price negatively in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100