Celsius Holdings Inc. (CELH) Tops Q1 EPS by 6c

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Celsius Holdings (CELH) PT Lowered to $80 at Jefferies

May 11, 2022 8:27 AM EDT

Jefferies analyst Kevin Grundy lowered the price target on Celsius Holdings (NASDAQ: CELH) to $80.00 (from $100.00) while maintaining a Buy rating.

The analyst commented, "We lift our ests. post CELH's (+) 1Q, which incl. a strong sales (+167% YoY vs. Street +140%) and EBITDA beat. Continued energy... More