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Celsius Holdings(CELH) Shares Soar 2.95% on Buy Rating, Price Target Hike
Generated by AI AgentAinvest Movers Radar
Thursday, Apr 10, 2025 6:31 pm ET1min read
Celsius Holdings(CELH) shares rose to their highest level since August 2024 today, with an intraday gain of 2.95%.
Analyst Gerald Pascarelli from Needham reiterated a Buy rating on
, raising the price target to $45.00. This decision is based on improving trends, new product innovations, strategic market positioning, and the integration of Alani , which is expected to significantly contribute to financial results.This positive outlook is further supported by the recent stock performance, which saw
shares increase by 4.38% on April 9, reaching an intraday high of $36.07 before settling at $35.38. This indicates a strong market sentiment towards the company's future prospects.
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