Barclays analyst Tim Long raised the firm’s price target on Celestica (CLS) to $357 from $220 and keeps an Overweight rating on the shares following the analyst day. The company lifted its fiscal 2025 guidance, initiated a fiscal 2026 outcook above the Street, and hinted at continued high growth in 2027, the analyst tells investors in a research note. Barclays increased estimates citing Celestica’s growing pipeline of artificial intelligence switching and compute opportunities, as well as continued operating discipline.
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>>
Read More on CLS:
- Celestica’s Manufacturing Shifts: Navigating Risks and Financial Impacts
- Celestica Reports Strong Q3 2025 Results and Raises Outlook
- Laurette T. Koellner Rejoins Celestica’s Board of Directors
- Celestica appoints Laurette Koellner to board of directors
- Closing Bell Movers: Rambus slips 9%, F5 down 6% after Q3 earnings