Celestica is trading at CA$423.73, up +4.02%, after UBS upgraded it from Neutral to Buy.

  • Celestica rose on August 25 after UBS raised its target to US$430 from US$410.
  • The upgrade follows Celestica’s strong AI-infrastructure outlook and recent equity offering funding expansion; broader technology weakness limits additional upside.
  • The move appears primarily company-specific, with positive analyst sentiment outweighing dilution concerns.