News stories about Celsius (NASDAQ:CELH) have trended somewhat negative on Wednesday, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Celsius earned a news sentiment score of -0.04 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.8007172061006 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Zacks Investment Research Downgrades Celsius (CELH) to Sell (americanbankingnews.com)
- Celsius (CELH) Announces Earnings Results (americanbankingnews.com)
- Analysts Expect Celsius Holdings, Inc. (CELH) to Post ($0.03) EPS (americanbankingnews.com)
- Celsius Holdings Delivers Record Annual Revenue, Up 59% to $36.2 Million (finance.yahoo.com)
Several equities research analysts recently issued reports on CELH shares. Zacks Investment Research upgraded Celsius from a “hold” rating to a “buy” rating and set a $6.00 price objective on the stock in a report on Tuesday, January 2nd. TheStreet downgraded Celsius from a “c” rating to a “d+” rating in a report on Friday, December 1st. Maxim Group started coverage on Celsius in a report on Thursday, February 1st. They issued a “buy” rating and a $8.00 price objective on the stock. B. Riley set a $8.00 price objective on Celsius and gave the company a “buy” rating in a report on Tuesday, March 6th. Finally, ValuEngine upgraded Celsius from a “sell” rating to a “hold” rating in a report on Friday, February 2nd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $7.33.
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Celsius Holdings, Inc is engaged in the development, marketing, sale and distribution of functional calorie-burning fitness beverages under the Celsius brand name. The Company’s product range includes Sparkling Grape Rush, Sparkling Watermelon, Sparkling Orange, Sparkling Wild Berry, Sparkling Cola, Raspberry Acai Green Tea, Peach Mango Green Tea, Flo Fusion Orange and Flo Fusion Berry.
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