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Celsius Holdings price target raised to $60 from $55 at TD Cowen

TD Cowen analyst Robert Moskow raised the firm’s price target on Celsius Holdings (CELH) to $60 from $55 and keeps a Buy rating on the shares. The firm said its strong 2Q results reinforce their view that the company has successfully revived the marketing positioning on core Celsius and that there is significant upside to Alani Nu’s sales and margin structure as they integrate it into the business.

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