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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Read More on CLS:
- Celestica price target raised to $350 from $208 at UBS
- Celestica price target raised to $385 from $230 at Stifel
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- Celestica price target raised to $440 from $340 at Goldman Sachs