CIBC raised the firm’s price target on Celestica to $60 from $58 and keeps a Neutral rating on the shares after the company reported Q2 results and gave Q3 and 2024 guidance that was better than consensus expectations.
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Read More on CLS:
- Celestica Soars with Strong Q2 Financials and Upbeat 2024 Forecast
- Celestica raises 2024 adjusted EPS view to $3.62 from $3.30, consensus $3.33
- Celestica sees Q3 adjusted EPS 86c-96c, consensus 82c
- Celestica reports Q2 adjusted EPS 91c, consensus 81c
- Celestica options imply 8.3% move in share price post-earnings