TD Securities raised its price target on Celestica (CLS.TO, CLS) to US$350 from US$330 on Monday.

Analyst John Shoo maintained a Hold rating on shares of the Canadian multinational electronics manufacturing services company ahead of its Q1 results on April 27.

"We see a low performance shortfall risk and expect the typical 'beat and raise' pattern to continue," Shoo said in a note to clients.

"The stock's recent rally nonetheless sets the bar higher and prices in perfect execution," the analyst said.

"Following improved visibility into 2027, we are adjusting our estimates and increasing CCS growth rates to 44% y/y."

(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)

Price: 541.86, Change: -1.03, Percent Change: -0.19