Celsius Holdings price target raised to $110 from $83.33 at B. Riley

B. Riley analyst Jeff Van Sinderen raised the firm’s price target on Celsius Holdings to $110 from $83.33 and keeps a Buy rating on the shares post the Q4 report. The firm expects fiscal 2024 to be a year of growth and increased brand strength for the company. Celsius launched a new product, Celsius Essentials, exclusively at 7-Eleven in November with four flavors, experiencing strong reception and has since expanded distribution and added two flavors, the analyst tells investors in a research note.