B. Riley raised the firm’s price target on Celsius Holdings to $250 from $230 and keeps a Buy rating on the shares post the Q3 report. The analyst says this year’s resets successfully support the company’s growth strategy.
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Read More on CELH:
- Celsius Holdings price target raised to $200 at Ladenburg ahead of stock split
- Celsius Holdings says Q3 revenue benefited by about $20M due to inventory build
- Unusually active option classes on open November 7th
- Celsius (NASDAQ:CELH) Skyrockets After Q3 Top Line More Than Doubles
- Celsius Holdings reports Q3 EPS 89c, consensus 46c