Piper Sandler Maintains Overweight Rating for Celsius Holdings: Here's What You Need To Know

Piper Sandler has decided to maintain its Overweight rating of Celsius Holdings CELH and raise its price target from $130.00 to $165.00.

Shares of Celsius Holdings are trading up 4.98% over the last 24 hours, at $145.05 per share.

A move to $165.00 would account for a 13.75% increase from the current share price.

About Celsius Holdings

Celsius Holdings Inc engages in the development, marketing, sale, and distribution of functional calorie-burning beverages. It offers flavors including cola, orange, wild berry, and lemon iced tea and non-carbonated flavors such as Raspberry Acai Green Tea and Peach Mango Green Tea under the Celsius brand name. The company distributes its products through direct-store-delivery distributors, as well as directly to retailers across various retail segments, including supermarkets, convenience stores, drug stores, nutritional stores, mass merchants, health clubs, spas, gyms, military, and e-commerce websites.

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: Analyst RatingsBZI-AAR-UPDATE
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