William Blair analyst Jon Andersen has maintained their bullish stance on CELH stock, giving a Buy rating today.
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Jon Andersen has given his Buy rating due to a combination of factors including the strong fundamentals of Celsius Holdings as reiterated by the company’s management. The presentation at William Blair’s Growth Stock Conference highlighted the company’s robust business model and promising long-term growth potential.
Management’s confidence in the brand’s future, supported by compelling evidence and strategic insights, further solidified the positive outlook. These elements combined suggest a favorable trajectory for Celsius Holdings, making the stock an attractive investment opportunity.
According to TipRanks, Andersen is a 4-star analyst with an average return of 6.4% and a 60.00% success rate. Andersen covers the Consumer Defensive sector, focusing on stocks such as TreeHouse Foods, Celsius Holdings, and Church & Dwight.
In another report released today, Piper Sandler also maintained a Buy rating on the stock with a $45.00 price target.