Celestica Announces Second Quarter 2023 Financial Results

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Go back to Celestica Announces Second Quarter 2023 Financial Results

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