Stifel Upgrades Celestica to Buy, Maintains Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Matthew Sheerin has upgraded Celestica (NYSE:CLS) from Hold to Buy, maintaining the price target at $58.
September 09, 2024 | 2:10 pm
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Stifel analyst Matthew Sheerin has upgraded Celestica from Hold to Buy, indicating increased confidence in the company's stock performance. The price target remains at $58, suggesting potential upside.
The upgrade from Hold to Buy by a reputable analyst like Matthew Sheerin suggests a positive outlook for Celestica's stock. Maintaining the price target at $58 indicates that the analyst sees potential for the stock to reach this level, which is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100