Celestica (CLS) Tops Q2 EPS by 470c

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Go back to Celestica (CLS) Tops Q2 EPS by 470c

Celestica (CLS) 'firing on all cylinders' says RBC, TD Cowen sees further upside

July 28, 2023 1:28 PM EDT

Celestica (NYSE: CLS) was upgraded to Buy at TD Cowen and RBC Capital (Outperform) by analysts at each firm on Friday.

TD Cowen's Daniel Chan raised the firm's price target on the stock to $23 from $14.50, telling investors that the company's second-quarter results revealed strong AI demand.

"We... More