Citi Downgrades Celestica (CLS) to Sell

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June 17, 2011 6:57 AM EDT
Get Alerts CLS Hot Sheet
Price: $335.05 -3.62%

Rating Summary:
    18 Buy, 9 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Citi downgraded Celestica (NYSE: CLS) from Hold to Sell as hte company gets 21% of its sales from RIM (Nasdaq: RIMM) which issued a major profit warning after the close.

For more ratings news on Celestica click here and for the rating history of Celestica click here.

Shares of Celestica closed at $8.71 yesterday.

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