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Celestica price target raised to $440 from $340 at Goldman Sachs

Goldman Sachs analyst Michael Ng raised the firm’s price target on Celestica (CLS) to $440 from $340 and keeps a Buy rating on the shares. Goldman has more confidence in its Buy rating after attending the company’s 2025 Lunch Forum on October 28, telling investors that Celestica is levered to the key AI infrastructure investment themes into 2026 and beyond.

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