Celsius Stock Price (CELH) 40% Higher – Analyst Raises Target on PepsiCo Deal
Celsius Holdings Inc. (NASDAQ:CELH) experienced a significant boost in its stock price following the announcement of an enhanced partnership with PepsiCo, which includes an increased equity stake and expanded distribution agreement which has excited markets. The strategic move is expected to bolster Celsius’ market presence and drive further growth in the competitive energy drink sector.
Markets reacted positively to the news, with Celsius’ stock price closing the week with a 5.34% gain, bringing the 1 month return to an impressive 40.61%. This positive movement reflects growing market confidence in Celsius’ strategic direction and growth potential.
The catalyst for this surge is PepsiCo’s increased investment in Celsius, amounting…
