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Celsius Holdings price target raised to $105 from $90 at Roth MKM

Roth MKM raised the firm’s price target on Celsius Holdings to $105 from $90 and keeps a Buy rating on the shares after its Q4 earnings beat. The firm has increased confidence that exceptional growth will continue as Celsius Holdings expands its U.S. distribution footprint, rolls into new markets outside the U.S., and leverages its cost structure, the analyst tells investors in a research note.

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