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Bullish analyst view with a large gap between the target and posted price; earnings remain a potential catalyst and source of risk.
What happened, with direct paths to the underlying reporting
B.Riley reiterated its Buy rating on CELH ahead of earnings, with a $56 target versus the $29.12 posted price—about 92% implied upside. The target is an analyst opinion, not a guarantee.
Target: $56
Posted price: $29.12
Analyst firm: B.Riley Financial
Analyst: Jeff Van Sinderen
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