Celsius shares can rally more than 30% as growth story is ‘heating back up,’ TD Cowen says in upgrade

Celsius shares can rally more than 30% as growth story is ‘heating back up,’ TD Cowen says in upgrade

Celsius’ growth story is back, according to TD Cowen, on the strength of its position in women’s energy drinks. Analyst Robert Moskow upgraded Celsius to buy from hold, and raised his price target, saying that an improvement in sales and a creative new direction from management has reinvigorated the energy drink company. His price target,…

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Fund managers lobby Congress on Section 899 to avert foreign investors exit

Fund managers lobby Congress on Section 899 to avert foreign investors exit

American fund managers are lobbying Congress over a provision tucked inside President Donald Trump’s tax bill that they say could lead to foreign investors “quickly” pulling investments out of the U.S. The “One Big Beautiful Bill Act,” which passed through the U.S. House of Representatives in May, aims to penalize foreign-owned firms operating in the…

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