TD Cowen raised the firm’s price target on Celsius Holdings (CELH) to $30 from $29 and keeps a Hold rating on the shares. The firm noted they reported a 4Q beat and announced the $1.8B acquisition of Alani Nu which is expected to close 2Q25. The deal creates a strong number 3 energy drink player with a 16% share of the category and is expected to be accretive to cash EPS in the first full year after close.
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