Stifel raised the firm’s price target on Celsius Holdings to $90 from $67 and keeps a Buy rating on the shares. Following Q4 results, the firm lifted its 2024-2025 sales and EBITDA/EPS estimates, the analyst tells investors. Stifel anticipates strong sales growth to continue reflecting increasing distribution points and solid sales velocities.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on CELH: