Goldman Sachs analyst Bonnie Herzog initiated coverage of Celsius Holdings (CELH) with a Buy rating and $72 price target The firm views Celsius as one of the best growth stories in consumer packaged goods sector. The energy drink company operates in the “cyclically growing” better-for-you energy drink category that is growing and taking share in a competitive industry, the analyst tells investors in a research note. Goldman sees a “long runway” of double-digit sales growth for Celsius.
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