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Fundenental of the business is still strong right?

Celsius Falls as Deutsche Bank Lowers Rating to 'hold' from 'buy'

BUZZ-Celsius falls as Deutsche Bank lowers rating to 'hold' from 'buy'** Shares of energy drink maker Celsius HoldingsCELH.Ofall nearly 6% to $33.12 premarket** Deutsche Bank lowers rating to "hold" from "buy," raises PT to $35 from $30** Brokerage says core CELH trends further weakened through Q2 rather than stabilizing as expected** "Evidence of a durable recovery in the core Celsius brand is unlikely to emerge before calendar 2027" - brokerage** 19 of 25 brokerages rate the stock "buy" or above and 6 "hold"; median PT at $40.50 - data compiled by LSEG** As of last close, stock down nearly 26% YTD

Celsius Falls as Deutsche Bank Lowers Rating to 'hold' from 'buy'

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