Reported 2 days ago
Celsius Holdings' stock, currently down 73% from its peak, has been maintained at a price target of $42 by Morgan Stanley, suggesting a potential 66% upside. Despite a 6% year-over-year sales decline, Celsius holds an 11.6% market share in the energy drink sector, which is expected to grow significantly by 2027. Though recovery timing is uncertain, the company's position as a health-conscious energy drink option positions it favorably for future growth.
Source: YAHOO