Celsius Holdings Stock: Buy, Sell, or Hold?
The accolades, analyst boosts, and stock upticks are coming fast and furious for Celsius Holdings (NASDAQ: CELH) these days. Just last week, we saw Wedbush boost its price target on the shares on Thursday, the same day Stephens initiated coverage with a bullish overweight rating.
A day later, it was Sean McGowan at MKM lifting his price goal on the shares from $130 to $160. Shares of the functional energy drink maker would go on to hit another all-time high on Friday.
Celsius has been a wealth-altering investment. It rose through an otherwise thorny 2022 for growth stocks and has now nearly doubled since the start of last year. Celsius stock is a 35-bagger over the last five years. Can the gains keep popping, or is the fast-growing company behind the fruit-flavored sparkling beverages about to go flat? Let's check the temperature for Celsius.
Source Fool.com
