Celsius Holdings Upgraded, Nikola Downgraded, and Electronic Arts Receives Price Target Boost: Market Reactions Unfold
- May 10th, 2023
- 496 views
Celsius Holdings, Inc. (Nasdaq: CELH) has received a notable upgrade from BofA Securities, shifting its rating from Neutral to Buy. Alongside the upgrade, BofA Securities has raised the price target for CELH to $125 from $98. This positive development has sparked investor interest, leading to CELH trading at $125.59, experiencing a significant increase of $18.47 (17.24%).
In contrast, Nikola Corporation (Nasdaq: NKLA) has faced a downgrade from TD Cowen, as its rating was shifted from Outperform to Market Perform. Furthermore, TD Cowen has lowered the price target for NKLA to $1 from $5. This downgrade has had a negative impact on NKLA's trading, with the stock currently valued at $0.83, reflecting a decrease of $0.022 (-2.63%).
On a different note, Electronic Arts Inc. (Nasdaq: EA) has received a price target increase from Wells Fargo. The new price target for EA is set at $145, up from $135. Despite this positive adjustment, EA's trading shows a slight decline, with the stock currently trading at $123.53, experiencing a decrease of $1.88 (-1.50%).
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
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