Celestica Price Target Raised to US$330 at TD

MT Newswires Live

01/30

TD Securities raised its price target on Celestica Inc. (CLS.TO, CLS) to US$330 from US$300 on Friday.

Analyst John Shao maintained a Hold rating on shares of the Canadian electronics manufacturer following its quarterly results on Wednesday.

The stock declined $63.23, or 13.5%, to $403.89 on the Toronto Stock Exchange Thursday.

"We believe Celestica was punished despite delivering a flawless quarter, highlighting its intricate tie-in with the broader AI trade, one that seems to weigh more on sentiment than fundamentals," Shao said in a note to clients.

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

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(CLS.TO, CLS) to US$330 from US$300 on Friday.</p><p>Analyst John Shao maintained a Hold rating on shares of the Canadian electronics manufacturer following its quarterly results on Wednesday.</p><p>The stock declined $63.23, or 13.5%, to $403.89 on the Toronto Stock Exchange Thursday.</p><p>\"We believe Celestica was punished despite delivering a flawless quarter, highlighting its intricate tie-in with the broader AI trade, one that seems to weigh more on sentiment than fundamentals,\" Shao said in a note to clients.</p><p>(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BMPRXR70.SGD","symbol_name":"Neuberger Berman 5G Connectivity A Acc SGD-H","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2607452043","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2607452043","pubTimestamp":1769778224,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"TD Securities raised its price target on Celestica Inc. 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