Barclays analyst Tim Long raised the firm’s price target on Celestica (CLS) to $357 from $220 and keeps an Overweight rating on the shares following the analyst day. The company lifted its fiscal 2025 guidance, initiated a fiscal 2026 outcook above the Street, and hinted at continued high growth in 2027, the analyst tells investors in a research note. Barclays increased estimates citing Celestica’s growing pipeline of artificial intelligence switching and compute opportunities, as well as continued operating discipline.
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