Morgan Stanley upgrades outperforming energy drink stock, calls for a 20% gain | NYGazet

Celsius Holdings received a stock-rating upgrade and higher price target from Morgan Stanley due to signs that sales for its beverage lines were picking up.

Celsius is likely to see more upside as its original and acquired beverage lines gain traction across markets, according to Morgan Stanley. The investment bank upgraded Celsius to overweight from equal weight. It raised its price target to $70 from $... [1382 chars]