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ubs initiates coverage of celestica with neutral rating and price target

UBS Group has initiated coverage of Celestica (NYSE: CLS) with a "neutral" rating and a price target of $95, indicating a potential upside of 3.63%. The stock has received mixed ratings from analysts, with three holding and nine buying, while its recent quarterly earnings surpassed expectations with a revenue increase of 24.8% year-over-year. Institutional investors hold 67.38% of the stock, reflecting strong interest in the technology company's supply chain solutions.
13:53 22.11.2024
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