Celestica Named to the Global 100 Most Sustainable Corporations in the World for the Second Consecutive Year

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RBC Capital Cuts Price Target as Celestica's (CLS) 4Q Results and Guidance Show Solar Business Headwinds

January 28, 2016 8:13 AM EST

RBC Capital reiterated a Sector Perform rating on Celestica (NYSE: CLS), and cut the price target to $11.00 (from $12.00), following the company's 4Q earnings report. CLSs Dec-qtr EPS result and Mar-qtr EPS guide both show margin headwinds due to ramp inefficiencies within its solar business. Celestica reported mixed results... More