Celestica price target raised to $400 from $315 at RBC Capital

RBC Capital raised the firm’s price target on Celestica (CLS) to $400 from $315 and keeps an Outperform rating on the shares. The company reported another strong quarterly beat and raise, and its momentum with hyperscalers continues to surprise to the upside, as shown by initial FY26 guidance coming in well above expectations, the analyst tells investors in a research note.

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