Piper Sandler Maintains Overweight Rating for Celsius Holdings: Here's What You Need To Know

Piper Sandler has decided to maintain its Overweight rating of Celsius Holdings CELH and raise its price target from $130.00 to $165.00.

Shares of Celsius Holdings are trading up 4.98% over the last 24 hours, at $145.05 per share.

A move to $165.00 would account for a 13.75% increase from the current share price.

About Celsius Holdings

Celsius Holdings Inc engages in the development, marketing, sale, and distribution of functional calorie-burning beverages. It offers flavors including cola, orange, wild berry, and lemon iced tea and non-carbonated flavors such as Raspberry Acai Green Tea and Peach Mango Green Tea under the Celsius brand name. The company distributes its products through direct-store-delivery distributors, as well as directly to retailers across various retail segments, including supermarkets, convenience stores, drug stores, nutritional stores, mass merchants, health clubs, spas, gyms, military, and e-commerce websites.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.