1135 ET - Celestica is "lifting the fog" on multi-year AI demand with its 2027 growth targets, says TD Cowen's John Shao. By signaling that 2027 revenue growth will "accelerate beyond the 65%" rate expected for 2026, the analyst says Celestica is providing rare long-term visibility that buck fears of AI infrastructure spending peaking. Shao says that by applying this bottom-end to Celestica's upgraded forecast implies 2027 revenue of $33.8 billion and adjusted EPS of $20.64, far outpacing Street consensus of $27.1 billion and $15.08. "The new explicit FY27 growth visibility offers much-needed confidence amid market turmoil," Shao says. Shares are up 3.2% to C$464.