Stock Track | Celsius Stock Stumbles as Ladenburg Cuts Price Target

Stock Track10-22

Shares of Celsius Holdings Inc. (NASDAQ: CELH) took a hit on Monday, plummeting 5.64% as analysts at Ladenburg Thalmann lowered their price target on the energy drink maker.

In a research note issued before the market open, Ladenburg analyst John Doe trimmed the firm's price target on Celsius to $68 per share from $72 previously. Despite the cut, Doe maintained a Buy rating on the stock, citing the company's strong growth prospects.

The price target reduction comes ahead of Celsius' third-quarter earnings report, which is expected to be released next month. While Ladenburg remains optimistic about the company's long-term outlook, the analysts may have tempered their expectations for the upcoming quarterly results.

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(NASDAQ: CELH) took a hit on Monday, plummeting 5.64% as analysts at Ladenburg Thalmann lowered their price target on the energy drink maker.\nIn a research note issued ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CELH","symbol_name":"Celsius Holdings, Inc.","start_time":0,"source_url":"","article_id":"1148735871","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1148735871","pubTimestamp":1729563399,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Celsius Holdings Inc.  took a hit on Monday, plummeting 5.64% as analysts at Ladenburg Thalmann lowered their price target on the energy drink maker.In a research note issued before the market open, Ladenburg analyst John Doe trimmed the firm's price target on Celsius to $68 per share from $72 previously. 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