Celsius price target raised to $77 from $68 at JPMorgan

JPMorgan raised the firm’s price target on Celsius (CELH) to $77 from $68 and keeps an Overweight rating on the shares as part of a Q4 earnings preview. The firm sees a solid setup with potential upside to the company’s estimates and valuation multiples. Celsius should benefit in 2026 from category captaincy under its expanded partnership with PepsiCo while Alani Nu is benefitting from ramping distribution, the analyst tells investors in a research note.