Morgan Stanley says Celsius’ year-over-year sales growth was “soft” for the last two weeks ended December 14, with sales reported to be up 2% in Nielsen xAOC+C channels and Celsius’ market share excluding powders reported to be flat sequentially at about 9%. The firm maintains an Equal Weight rating and $42 price target on Celsius shares.
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- Celsius Holdings initiated with an Overweight at JPMorgan
- Celsius Holdings initiated with a Hold at Deutsche Bank