Wall Street Bulls Look Optimistic About Celsius (CELH): Should You Buy?

While Wall Street analysts maintain a bullish average brokerage recommendation (ABR) of 1.59 for Celsius Holdings with 16 Strong Buy ratings, the article cautions that brokerage recommendations often have positive bias due to vested interests. The Zacks Rank system, which relies on earnings estimate revisions, rates CELH as a Strong Sell (#5) due to a 7.5% decline in consensus earnings estimates over the past month to $1.47, suggesting near-term downside risk.