Vanguard Group Inc. slightly reduced its stake in Celsius Holdings Inc. by 0.3% in the third quarter, while still holding a significant position valued at $992.98 million. Other institutional investors have increased their holdings in Celsius, which has seen positive analyst sentiment due to its growth strategy, multi-brand approach, and history of earnings surprises. The company currently has a “Moderate Buy” consensus rating from analysts with an average target price of $66.33.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Vanguard Group Inc. Has $992.98 Million Stock Position in Celsius Holdings Inc. $CELH
Vanguard Group Inc. slightly reduced its stake in Celsius Holdings Inc. by 0.3% in the third quarter, while still holding a significant position valued at $992.98 million. Other institutional investors have increased their holdings in Celsius, which has seen positive analyst sentiment due to its growth strategy, multi-brand approach, and history of earnings surprises. The company currently has a “Moderate Buy” consensus rating from analysts with an average target price of $66.33.