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Celsius Holdings Is Maintained at Overweight by JP Morgan
JP Morgan maintained its Overweight rating on Celsius Holdings while cutting its price target to $48.00 per share from $52.00 per share.
Published:
Updated:
What happened
JP Morgan maintained its Overweight rating on Celsius Holdings while cutting its price target to $48.00 per share from $52.00 per share.
Confirmed
Global impact / market context
An Overweight rating means the analyst expects the stock to beat peers, so the cut lowers the expected payoff while keeping a positive view. Investors may read it as slower expected gains rather than a negative call.
Analyst inference
The note keeps a positive stance on the beverage company but trims its expected value per share. That combination can shape how holders position the stock, since the direction stays favorable while the upside target shrinks.
Analyst inference
What to watch
- JP Morgan's price target now sits at $48.00 per share, down from $52.00, while the Overweight rating is unchanged. Confirmed
- Watch whether other analysts follow with their own target changes, which would show if the revision reflects a broader view rather than one firm. Proposed
- Track Celsius sales growth and profit per sale, since weaker results would support lower targets while steady results could lift them again. Analyst inference
Evidence
- Original source link unavailable