Celsius Shares Drop After Deutsche Bank Lowers Rating; Q2 Results Keep Pressure On
Celsius Holdings shares fell 5.2% in pre-open trading after Deutsche Bank moved its rating from Buy to Hold while raising the price target to $35 from $30. The change reflects a view that risk-reward near current levels is less attractive, coming after Q2 2026 results that showed a decline in core brand revenue, a miss on adjusted EPS and sharply c…