BUZZ-Celsius Holdings rises after Deutsche Bank upgrades to 'buy'
Reuters03-30
BUZZ-Celsius Holdings rises after Deutsche Bank upgrades to 'buy'
** Shares of energy drink maker Celsius Holdings CELH.O up 1% at $34.24
** Deutsche Bank upgrades stock to "buy" from "hold"
** Brokerage expects to continue expanding, profitable, cash-generative franchise within the high-growth energy drink category
** 20 of 23 brokerages rate the stock "buy" or higher, 3 "hold"; their median PT is $525 - data compiled by LSEG
** As of last close, stock down ~25% YTD
(Reporting by Koyena Das from Bengaluru)
((Koyena.das@thomsonreuters.com))
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