Hedge fund Artisan Partners increases stake in Celsius Holdings (CELH) to $101.11M, while Morgan Stanley warns of slowing sales growth.
Hedge fund Artisan Partners purchases 1.85M shares of Celsius Holdings (CELH), raising stake to $101.11M. Analysts have varied views, with Morgan Stanley expressing caution due to slowing sales growth, while Wedbush and Maxim Group maintain 'outperform' and 'buy' ratings. CELH stock fell below its 50-day moving average after Morgan Stanley warned of challenging sales comparisons in upcoming quarters.
May 28, 2024
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