RBC Capital analyst Paul Treiber raised the firm’s price target on Celestica (CLS) to $315 from $225 and keeps an Outperform rating on the shares ahead of the company’s investor day next week. With continued strong AI capex growth and Celestica’s new program win momentum, RBC sees strong revenue growth and margin expansion through FY26 and FY27, the analyst tells investors in a research note. In light of robust growth, RBC anticipates Celestica’s valuation to remain above peers and towards the high-end of its historical range, the firm added.
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