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Morgan Stanley says Celsius year-over-year sales declined in last two weeks

Morgan Stanley says Celsius year-over-year sales declined in last two weeks

Morgan Stanley notes that NielsenIQ scanner data shows Celsius’ year-over-year sales declined in the last two weeks tracked, with sales down 6% in latest week, and market share flat sequentially but down 80 basis points year-over-year. The firm maintains an Equal Weight rating and $42 price target on Celsius shares.

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