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Analysts Offer Insights on Consumer Goods Companies: Celsius Holdings (CELH) and Monster Beverage (MNST)

Tipranks - Wed Mar 25, 5:44AM CDT

There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Celsius Holdings (CELH) and Monster Beverage (MNST) with bullish sentiments.

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Celsius Holdings (CELH)

Citi analyst Filippo Falorni assigned a Buy rating to Celsius Holdings today and set a price target of $65.00. The company’s shares closed last Monday at $39.65.

According to TipRanks.com, Falorni is a 2-star analyst with an average return of 0.6% and a 55.6% success rate. Falorni covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Constellation Brands, and Colgate-Palmolive. ;'>

Celsius Holdings has an analyst consensus of Strong Buy, with a price target consensus of $70.29, which is a 65.4% upside from current levels. In a report issued on March 22, TipRanks – PerPlexity also upgraded the stock to Buy with a $49.00 price target.

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Monster Beverage (MNST)

In a report released today, Dara Mohsenian from Morgan Stanley reiterated a Buy rating on Monster Beverage, with a price target of $96.00. The company’s shares closed last Monday at $73.96.

According to TipRanks.com, Mohsenian is a 5-star analyst with an average return of 7.4% and a 62.1% success rate. Mohsenian covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Edgewell Personal Care, and Colgate-Palmolive. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Monster Beverage with a $91.33 average price target, a 20.8% upside from current levels. In a report issued on March 11, Jefferies also maintained a Buy rating on the stock with a $100.00 price target.

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