Piper Sandler analyst Michael Lavery raised the firm’s price target on Celsius Holdings to $185 from $165 and keeps an Overweight rating on the shares. The company reported a big revenue and EBITDA beat in Q2 and is off to a strong start in Q3, the analyst tells investors in a research note. The firm says Celsius’s combination of sales growth and profitability is attractive.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on CELH:
- Killer Earnings Report Sends Celsius Holding (NASDAQ:CELH) Spiking
- Celsius Holdings reports Q2 EPS 52c, consensus 28c
- Celsius Holdings, Inc., Reports Record Second Quarter 2023 Financial Results
- Celsius could show significant Q2 upside revenue surprise, says Roth MKM
- Celsius Holdings price target raised to $165 from $155 at Stifel