{"id":1638,"date":"2024-03-04T18:58:09","date_gmt":"2024-03-04T18:58:09","guid":{"rendered":"https:\/\/stoxpo.com\/?p=1638"},"modified":"2024-03-04T18:58:10","modified_gmt":"2024-03-04T18:58:10","slug":"celsius-holdings-receives-price-target-boost-amid-strong-q4-performance","status":"publish","type":"post","link":"https:\/\/stoxpo.com\/index.php\/2024\/03\/04\/celsius-holdings-receives-price-target-boost-amid-strong-q4-performance\/","title":{"rendered":"Celsius Holdings Receives Price Target Boost Amid Strong Q4 Performance"},"content":{"rendered":"\n

Wedbush analyst has raised the price target for Celsius Holdings Inc. from $75 to $90<\/h3>\n\n\n\n

Wedbush analyst Gerald Pascarelli has raised the price target for Celsius Holdings Inc. from $75 to $90, driving an upward trajectory in the company’s stock today.<\/p>\n\n\n\n

Reiterating an Outperform rating on the shares, Pascarelli’s decision follows Celsius’ robust fourth-quarter performance, with earnings per share surpassing expectations at $0.17 and revenue hitting $347.43 million, exceeding the consensus estimate.<\/p>\n\n\n\n

Pascarelli emphasized the significant stock price reaction, marking a notable end to the year and underscoring Celsius’ impressive momentum throughout February.<\/p>\n\n\n\n

While the earnings beat fell slightly short of previous quarters, Pascarelli remains optimistic about the company’s potential for market share gains, fueled by strong sales velocities and expanded shelf space.<\/p>\n\n\n\n

Despite acknowledging Celsius’ potential for substantial revenue growth, improved margins, and earnings, Pascarelli cautions that the stock’s current levels\u2014up over 45% year-to-date\u2014may limit further upside. As a result, Celsius Holdings Inc. has been removed from the Wedbush Best Ideas List (BIL).<\/p>\n\n\n\n

You might find this article interesting:Lyft and DoorDash Stocks Surge on RBC\u2019s Bullish Upgrades<\/mark><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Wedbush analyst has raised the price target for Celsius Holdings Inc. from $75 to $90 Wedbush analyst Gerald Pascarelli has raised the price target for Celsius Holdings Inc. from $75 to $90, driving an upward trajectory in the company’s stock today. Reiterating an Outperform rating on the shares, Pascarelli’s decision follows Celsius’ robust fourth-quarter performance, […]<\/p>\n","protected":false},"author":1,"featured_media":1639,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"","format":"standard","video":"","gallery":"","source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"8","single_blog_custom":"","parallax":"1","fullscreen":"1","layout":"right-sidebar-narrow","sidebar":"author","second_sidebar":"single-right","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"0","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"1","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"1","show_post_related":"1","show_inline_post_related":"0"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_social_meta":{"fb_title":"","fb_description":"","fb_image":"","twitter_title":"","twitter_description":"","twitter_image":""},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"jnews_post_split":{"enable_post_split":"0","post_split":[{"template":"1","tag":"h2","numbering":"asc","mode":"normal","first":"0","enable_toc":"0","toc_type":"normal"}]}},"categories":[336,360],"tags":[],"coauthors":[453],"_links":{"self":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/1638"}],"collection":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/comments?post=1638"}],"version-history":[{"count":1,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/1638\/revisions"}],"predecessor-version":[{"id":1640,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/1638\/revisions\/1640"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/media\/1639"}],"wp:attachment":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/media?parent=1638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/categories?post=1638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/tags?post=1638"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/coauthors?post=1638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}