Celsius stock drops after analyst downgrade and sales decline

From Stocktwits: 2025-01-23 00:32:09

Sentiment on Stocktwits turned ‘bearish’ from ‘bullish’ a week ago as shares of Celsius Holdings (CELH) dropped over 5% after TD Cowen downgraded the stock to ‘hold’ from ‘buy’ with a price target of $29. Sales growth declined to 0.3% in the last four weeks. Morgan Stanley highlighted NielsenIQ data showing a 6% sales dip in the latest week. UBS analyst Peter Grom cut the price target to $39 from $45 with a ‘Buy’ rating. Consumer staples sentiment remains bearish despite sector underperformance. Celsius stock is down 3.7% year-to-date. Email for updates or corrections.



Read more at Stocktwits: Celsius Stock Slips On Analyst Downgrade Amid Rising Competition: Retail Mood Dampens