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News 2026-07-09 11:23 UTC

Celsius price target lowered to $55 from $75 at Needham

Needham lowered the firm's price target on Celsius to $55 from $75 but keeps a Buy rating on the shares. Expectations are low headed into Q2 earnings, but the firm is cautious on the setup and is lowering its revenue estimates to reflect recent scanner trends for both of the company's driver brands, the analyst tells i