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.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100