Celsius Holdings Inc. (CELH) option IV amid share price movement

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Celsius Holdings (CELH) PT Lowered to $87 at Roth/MKM

June 17, 2024 5:14 AM EDT

Roth/MKM analyst Sean McGowan lowered the price target on Celsius Holdings (NASDAQ: CELH) to $87.00 (from $96.00) while maintaining a Buy rating.

The analyst comments "CELH's well-deserved reputation for volatility was reinforced over the past 60 days, during which the stock rose from ~$60 on 4/19 to $96 on 5/20 and has dropped back to ~$60. While we view the drop as an overreaction, it is not without a catalyst, as management... More