Morgan Stanley analyst Eric Serotta lowered the firm’s price target on Celsius (CELH) to $64 from $70 and keeps an Overweight rating on the shares. The firm said the session’s sell-off is overdone, as the company has robust category growth, solid brand Celsius retail sales growth, substantial runway for Alani in 1H26, continued EBITDA upside, and a paucity of growth in the consumer packaged goods group.
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Read More on CELH:
- Celsius price target lowered to $68 from $76 at JPMorgan
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- Celsius selloff brings ‘significant buying opportunity,’ says Roth Capital
- Celsius Holdings price target lowered to $50 from $55 at BofA
- Celsius Holdings: Strong Growth Trajectory Amid Short-Term Volatility Justifies Buy Rating
