Celsius on Strong Long-Term Growth Path Despite Recent Slowdown, UBS Says
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UBS reports that Celsius (CELH) has a strong long-term growth outlook despite recent slow beverage sales. The company benefits from increased household penetration and a distribution deal with PepsiCo. While sales have slowed due to competition, UBS maintains a buy rating with a price target of $55, suggesting long-term potential outweighs current risks. The stock price is currently at $30.03, up 3.52%.
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