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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on CLS:
- 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
- Celestica To Hold Previously-Announced Virtual Investor Meeting Today