Celsius Holdings Inc. (NASDAQ:CELH) is one of the 10 best mid-cap stocks that could double your money.
On June 12, Bernstein began its coverage of Celsius Holdings Inc. (NASDAQ:CELH) with a price target of $44. An Outperform rating was ******* igned on the stock, which offers almost 55% upside based on the projected price target.
Pixabay / Public Domain
The firm made a notable mention of Alani Nu, which has the highest potential among the company's brands. Bernstein also mentioned that potential worries about a drop in market share for the Celsius brand appear to be highly exaggerated.
As long as Alani keeps gaining market share, the firm thinks the portfolio can maintain its position in the United States. Bernstein argues that this will occur due to Alani's exceptional brand equity, which is backed by the findings of their consumer survey.
On June 12, Bernstein began its coverage of Celsius Holdings Inc. (NASDAQ:CELH) with a price target of $44. An Outperform rating was ******* igned on the stock, which offers almost 55% upside based on the projected price target.
Pixabay / Public Domain
The firm made a notable mention of Alani Nu, which has the highest potential among the company's brands. Bernstein also mentioned that potential worries about a drop in market share for the Celsius brand appear to be highly exaggerated.
As long as Alani keeps gaining market share, the firm thinks the portfolio can maintain its position in the United States. Bernstein argues that this will occur due to Alani's exceptional brand equity, which is backed by the findings of their consumer survey.
3 months ago
