StockNews.AI
CELH
Benzinga
4 hrs

Goldman Says Celsius Is Brewing Up A Growth Story Worth Watching

1. Goldman Sachs initiated a Buy rating for CELH with a $72 price target. 2. CELH shares show strong growth in the better-for-you energy drink category. 3. Celsius has gained market share from brands like Bang Energy and Monster Beverage. 4. The energy drink category rebounded by 14% year-to-date through August. 5. CELH stock is nearing its 52-week high of $63.50.

3m saved
Insight
Article

FAQ

Why Bullish?

Goldman Sachs endorsement indicates strong investor confidence. Historical examples show positive impact from analyst upgrades.

How important is it?

Goldman Sachs' endorsement likely influences investor sentiment and stock performance significantly.

Why Long Term?

Sustainable growth in a competitive market suggests ongoing impact. Similar brands have thrived post-analyst upgrades.

Related Companies

Related News