Stifel Hikes Celsius Holdings (CELH) PT to $74 on Continued Energy Drink Momentum

Group 1 - Celsius Holdings Inc. has been identified as a stock that is expected to double in value over the next three years, with Stifel analyst Matthew Smith raising the price target from $70 to $74 while maintaining a Buy rating [1][2] - The US energy drink category continues to show strong momentum, although food-at-home volumes are reported to be weak, impacting overall sector earnings growth due to high investment costs and inflation [2] - Celsius Holdings develops, processes, manufactures, markets, sells, and distributes functional energy drinks across various regions including the US, North America, Europe, and the Asia Pacific [3]