BMO Capital Maintains Outperform on Celestica, Raises Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Thanos Moschopoulos maintains an Outperform rating on Celestica (NYSE:CLS) and raises the price target from $37 to $48.
April 22, 2024 | 1:46 pm
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BMO Capital raises Celestica's price target from $37 to $48, maintaining an Outperform rating.
The increase in price target by a reputable analyst firm like BMO Capital typically signals a strong bullish outlook on the stock, suggesting potential upside. This is based on the analyst's research and positive evaluation of the company's prospects, which can influence investor sentiment and potentially drive the stock price higher in the short term.
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