Stifel Maintains Hold on Celestica, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Matthew Sheerin has maintained a Hold rating on Celestica (NYSE:CLS) and increased the price target from $26 to $30.

November 30, 2023 | 7:46 pm
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Stifel analyst Matthew Sheerin maintains a Hold rating on Celestica and raises the price target from $26 to $30.
The increase in price target by Stifel suggests a positive outlook on Celestica's valuation, which could lead to investor optimism and a potential short-term increase in the stock price. However, the Hold rating indicates that the analyst does not see significant upside or momentum beyond the new target price, which tempers the impact.
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IMPORTANCE 75
RELEVANCE 100