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Truist initiates Celsius Holdings coverage with Hold rating

Truist analysts have initiated coverage on Celsius Holdings (CELH) with a Hold rating and $60 price target. The firm cites that the energy drink brand is on track to post outsized growth, but that future market share gains may prove difficult.

Yahoo Finance Anchors Julie Hyman and Josh Lipton break down the latest development for Celsius and what it could mean for the company moving forward

For more expert insight and the latest market action, click here to watch this full episode of Market Domination.

This post was written by Nicholas Jacobino