Morgan Stanley says Celsius’ year-over-year sales growth was “soft” for the last two weeks ended December 14, with sales reported to be up 2% in Nielsen xAOC+C channels and Celsius’ market share excluding powders reported to be flat sequentially at about 9%. The firm maintains an Equal Weight rating and $42 price target on Celsius shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CELH:
- 5 Small-Cap Stocks Ready to Shine in this Year’s Santa Claus Rally
- Celsius Holdings price target lowered to $42 from $46 at Morgan Stanley
- Celsius Holdings price target lowered to $38 from $40 at Roth MKM
- Celsius Holdings initiated with an Overweight at JPMorgan
- Celsius Holdings initiated with a Hold at Deutsche Bank