- Celsius Holdings acquired Alani Nu brand, amidst discussions of cost optimization and margin expansion alongside PepsiCo and The Coca-Cola Company.
- Celsius Holdings' acquisition of Alani Nu is reported to have caused a sharp reversal on its top line.
TD Cowen upgraded Celsius Holdings due to brand momentum, coinciding with Alani Nu's transition to CELH.
1 report, 0 independent
Updated Jul 3
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What happened
TD Cowen upgraded Celsius Holdings due to brand momentum, coinciding with Alani Nu's transition to CELH.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Celsius Network
UK company operating a cryptocurrency loan and exchange platform
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TD Cowen
American investment bank
Related events
- TD Cowen issued a buy rating and price target for Evolv Technologies Holdings, Inc.
- Core brand sales of Celsius are declining sharply, while the acquired Alani Nu brand is showing rapid growth.
- TD Cowen raised price targets for GoodRx stock.
- TD Cowen downgraded Capri's rating and lowered its price target.
- TD Cowen upgraded Crescent Biopharma shares to 'strong-buy', while Wedbush reiterated 'outperform', and a CEO sold shares under a 10b5-1 plan.
Coverage
Newest first; wire copies grouped- Unknown outlet