{"id":77704,"date":"2024-03-12T19:28:39","date_gmt":"2024-03-13T00:28:39","guid":{"rendered":"https:\/\/equitynewsreport.com\/celsius-shares-target-raised-to-105-by-jefferies\/"},"modified":"2024-03-12T19:28:39","modified_gmt":"2024-03-13T00:28:39","slug":"celsius-shares-target-raised-to-105-by-jefferies","status":"publish","type":"post","link":"https:\/\/equitynewsreport.com\/h\/celsius-shares-target-raised-to-105-by-jefferies\/","title":{"rendered":"Celsius shares target raised to $105 by Jefferies"},"content":{"rendered":"<div readability=\"61\">\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<img decoding=\"async\" alt=\"Celsius shares target raised to $105 by Jefferies\" id=\"carouselImage\" src=\"https:\/\/i-invdn-com.investing.com\/news\/LYNXMPEB280W7_L.jpg\"><br \/>\n<span class=\"text\">\u00a9 Reuters. <\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>On Wednesday, Jefferies updated its outlook on <span itemscope=\"\" itemtype=\"http:\/\/schema.org\/Corporation\"><span itemprop=\"name\"> Celsius Holdings <\/span><\/span> (NASDAQ:), increasing the price target to $105 from $98 while maintaining a Buy rating. The adjustment follows the beverage company&#8217;s plans to expand internationally, beginning with markets in Canada, the UK, and Ireland.<\/p>\n<p>The firm&#8217;s analyst highlighted Celsius&#8217;s potential to carve out a new &#8220;clean energy&#8221; category within the existing energy drink market in these regions. According to the analyst, this strategic move could accelerate the company&#8217;s growth in a sector that is already on the rise. The growth expectations are backed by a forecast that international sales, excluding Canada, could reach approximately $376 million by 2028, which would account for about 9% of sales compared to around 4% today.<\/p>\n<p>Celsius Holdings is recognized for its focus on healthier energy drink options and has been gaining traction within the industry. The analyst&#8217;s positive outlook is based on the company&#8217;s cautious yet deliberate approach to expanding its global footprint.<\/p>\n<p>The revised price target of $105 reflects the firm&#8217;s confidence in Celsius&#8217;s growth trajectory and its ability to establish a significant presence in new markets. The Buy rating suggests that the analyst sees continued upside potential for the stock, based on the company&#8217;s strategic initiatives and market expansion plans.<\/p>\n<p><em>This article was generated with the support of AI and reviewed by an editor. For more information see our T&#038;C.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters. On Wednesday, Jefferies updated its outlook on Celsius Holdings (NASDAQ:), increasing the price target to $105 from $98 while maintaining a Buy rating. The adjustment follows the beverage company&#8217;s plans to expand internationally, beginning with markets in Canada, the UK, and Ireland. The firm&#8217;s analyst highlighted Celsius&#8217;s potential to carve out a new &#8220;clean energy&#8221; category within the existing energy drink market in these regions. According to the analyst, this strategic move could accelerate the company&#8217;s growth in a sector that is already on the rise. The growth expectations are backed by a forecast that international sales, excluding [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":77705,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48,49,50,3],"tags":[],"_links":{"self":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/posts\/77704"}],"collection":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/comments?post=77704"}],"version-history":[{"count":0,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/posts\/77704\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/media\/77705"}],"wp:attachment":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/media?parent=77704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/categories?post=77704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/tags?post=77704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}