Celestica shares are trading higher after RBC Capital upgraded the stock from Sector Perform to Outperform and raised its price target from $14 to $22.
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has upgraded Celestica's stock from Sector Perform to Outperform and raised its price target from $14 to $22. This has resulted in Celestica shares trading higher.
July 28, 2023 | 1:23 pm
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POSITIVE IMPACT
Celestica's stock has been upgraded by RBC Capital, leading to an increase in its share price. The price target has also been raised from $14 to $22.
The upgrade from RBC Capital is a positive signal to investors, indicating increased confidence in the company's performance. This has led to an increase in the share price. The raised price target also suggests that RBC Capital expects further growth in the stock's value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100