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10-22

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Stock Track | Celsius Stock Stumbles as Ladenburg Cuts Price Target

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. 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 repor

Stock Track | Celsius Stock Stumbles as Ladenburg Cuts Price Target

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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.</p>\n\n<p>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.</p>\n\n<p>The price target reduction comes ahead of Celsius' third-quarter earnings report, which is expected to be released next month. 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