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Celsius Holdings price target raised to $56 from $52 at B. Riley

B. Riley analyst Jeff Van Sinderen raised the firm’s price target on Celsius Holdings (CELH) to $56 from $52 and keeps a Buy rating on the shares. The company reported a Q2 beat, the analyst tells investors in a research note. Th firm believes has Celsius turned around its namesake brand and is driving growth through Alani Nu.

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