BofA Lifts Celsius to Buy, Citing Alani Nu Strength and Improved 2026 Outlook
Bank of America moved Celsius Holdings Inc. up two rating levels to Buy from Underperform and lifted its price target to $65 from $45 after stronger-than-expected fourth-quarter results. The firm highlighted Alani Nu's robust performance as it integrated into PepsiCo's distribution network and raised its 2026 adjusted EBITDA and valuation multiple …