UBS analyst Peter Grom raised the firm’s price target on Celsius Holdings (CELH) to $64 from $57 and keeps a Buy rating on the shares. Celsius delivered a strong Q2 beat, with top-line growth, gross margin, and operating margin coming in well ahead of expectations, the analyst tells investors in a research note. UBS thinks the catalyst path remains attractive and sees a favorable risk/reward.
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Read More on CELH:
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