TD Cowen Upgrades Celsius Holdings (CELH) to Buy with 30% Upside Target

BTCC / BTCC Square / Global Cryptocurrency /

Author:

Release Time:

2025-06-16 18:28:02

TD Cowen has upgraded Celsius Holdings'' stock (CELH) from Hold to Buy, raising its price target to $55 from $37—a 30% premium to current levels. The bullish call fueled a 7% intraday rally on June 16, pushing shares to $43.97. This marks a remarkable recovery for an energy drink Maker whose stock plummeted 80% in March before rebounding 56% year-to-date.

The energy drink sector''s 10% annual growth rate—triple the broader food and beverage industry—is driving Celsius'' resurgence. TD Cowen notes shrinking price premiums versus soft drinks are expanding the addressable market: "Relative affordability is becoming a critical consumption driver," the report emphasized. The stock''s volatility mirrors the speculative fervor seen in crypto assets, though with fundamentals anchoring the narrative.

By:

Log in to Reply

Airbus Dominates Paris Air Show as Boeing Takes a Backseat

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.