JP Morgan Sets $37 Price Target for Celsius Holdings, Initiates Overweight Rating

GuruFocus.com12-12

JPMorgan (JPM, Financial) has initiated coverage of Celsius Holdings (CEHL, Financial) with an "overweight" rating and set a price target of $37. The investment bank applauded the company's improving ...

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The investment bank applauded the company's improving ...</p>\n\n<a href=\"https://finance.yahoo.com/news/jp-morgan-sets-37-price-154945874.html\">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":"https://finance.yahoo.com/news/jp-morgan-sets-37-price-154945874.html","article_id":"2491335766","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/AVAO2a7gcUO1FoS6JtGR.A--~B/aD00MDA7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/19914fa6b8bc78c676a715fff416151d"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2491335766","pubTimestamp":1734018585,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"JPMorgan  has initiated coverage of Celsius Holdings  with an \"overweight\" rating and set a price target of $37. The investment bank applauded the company's improving category trends and attractive valuation, featuring the stock now at $29.76, trading far below its historical high. Price targets range from $26 to $62, suggesting lots of upside from the analyst estimates.GuruFocus has detected 3 Warning Sign with CELH.Yet Celsius, like the other leading brands, is not U.S. energy drink royalty. As the third biggest, it is solely propelled by its health-conscious offerings. Businesses like chocolate and confectionary businesses that favour zero sugar, functionality, and premium positioning are in line with key consumer trends in health and wellness. JPMorgan, however, expects Celsius to continue eclipsing rival energy drink brands as demand for the products continues to accelerate.The company's financials are incredibly positive: 19.4% recurring revenue growth over the past year and very","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"CELH":"Celsius Holdings, Inc."},"translate_title":"摩根大通为摄氏度控股设定37美元的目标价，并启动跑赢大盘评级","themeId":"3658f242312af46f69c71d4a72245e05","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CELH":0.9},"content_text":"JPMorgan (JPM, Financial) has initiated coverage of Celsius Holdings (CEHL, Financial) with an \"overweight\" rating and set a price target of $37. The investment bank applauded the company's improving category trends and attractive valuation, featuring the stock now at $29.76, trading far below its historical high. Price targets range from $26 to $62, suggesting lots of upside from the analyst estimates.\n\nWarning! GuruFocus has detected 3 Warning Sign with CELH.\n\nYet Celsius, like the other leading brands, is not U.S. energy drink royalty. As the third biggest, it is solely propelled by its health-conscious offerings. Businesses like chocolate and confectionary businesses that favour zero sugar, functionality, and premium positioning are in line with key consumer trends in health and wellness. JPMorgan, however, expects Celsius to continue eclipsing rival energy drink brands as demand for the products continues to accelerate.\nThe company's financials are incredibly positive: 19.4% recurring revenue growth over the past year and very strong gross margins of close to 50%. Celsius has a strong balance sheet that surpasses debt by way of cash, additionally strengthening it as a potential consumer staples growth stock. The analysts expect the company to keep its lead and keep recording good performance.This article first appeared on \nGuruFocus.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2491335766"}