Stifel Maintains Hold on Celestica, Raises Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Matthew Sheerin maintains a Hold rating on Celestica (NYSE:CLS) and raises the price target from $36 to $48.

April 26, 2024 | 3:15 pm
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Stifel analyst Matthew Sheerin maintains a Hold rating on Celestica and raises the price target from $36 to $48.
The increase in price target by Stifel suggests a positive outlook on Celestica's future performance, potentially leading to increased investor interest and a positive short-term impact on the stock price. However, the Hold rating indicates that the stock might already be valued appropriately, tempering expectations for a significant price surge.
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