Celsius Stock Eyes Recovery as Analyst Cites Growth Potential

JPMorgan initiated coverage on Celsius Holdings Inc (NASDAQ:CELH) with an "overweight" rating and a $32 price target, helping shares to a 3% pre-market lead. In its bull note, the analyst in question highlighted lighter inventory, growth trends in the U.S. energy drink category, and CELH's current valuation.Celsius Holdings stock is working to rebound from a late-November dip that saw shares hit their lowest point since July 2022, around$ 25. Despite being down 45.4% in 2024, analysts see room for recovery ...