Stifel raised the firm’s price target on Celestica to $30 from $26 and keeps a Hold rating on the shares after Celestica maintained its Q4 guidance but modesty raised its FY24 sales and EPS in conjunction with its analyst meeting held yesterday. Following the event, the firm tweaks its estimates slightly higher to reflect the better guidance.
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- Celestica sets 2026 adjusted EPS target $3.27-$3.55
- Celestica sets 2025 adjusted EPS target $2.97-$3.10
- Celestica sees 2024 adjusted EPS $2.70 or more, consensus $2.66
- Celestica reaffirms 2023 adjusted EPS view $2.36, consensus $2.35
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