From Financial Modeling Prep: 2025-03-31 10:50:00

Celsius Holdings (NASDAQ:CELH) saw a 6% surge in shares today after Truist Securities upgraded the company to Buy with a new price target of $45. Analysts highlight the company’s focus on long-term growth potential post-Alani Nu acquisition, despite short-term challenges in 2024 and Q1 2025.

The acquisition of Alani Nu provides Celsius with a strong presence in the growing women’s energy drink market in the U.S., expanding its demographic reach and product offerings. Truist believes this move will drive renewed momentum for Celsius, with the market favoring long-term brand synergy and distribution upside over recent setbacks.



Read more at Financial Modeling Prep:: Truist Upgrades Celsius to Buy, Shares Soar 6%