Celsius' 'Better-For-You' Edge Could Unlock Equity Upside, Says JP Morgan Analyst

JP Morgan analyst Andrea Teixeira initiated coverage on Celsius Holdings, Inc. CELH with an Overweight rating and a price forecast of $37.Celsius Holdings ranks as the 3rd largest energy drink brand in the U.S., aligning with key consumer trends like health, wellness, and zero sugar. Despite a slowdown in the U.S. energy drink market, Teixeira sees the company’s strong growth prospects in these sectors will continue to drive top-tier growth.According to the analyst, Celsius stands out in the energy drink ma ...