Stifel analyst Ruben Roy raised the firm’s price target on Celestica (CLS) to $445 from $425 and keeps a Buy rating on the shares following quarterly results. The firm notes the company reported another beat and raise, and with 2027 floor now moving higher despite supply challenges. Celestica’s management now expects 2027 revenue growth to be “significantly more” than the $6.5B incremental currently embedded in 2026, implying a floor of about $25.5B, Stifel adds.
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