$CLS

Celestica (CLS) stock rose 2.8% to CA$464.82 after FBN Securities initiated coverage with an Outperform rating and $375 price target. The company is transforming into a design-led, AI data center solutions provider. TD Cowen reiterated a Buy rating, citing long-term revenue potential. Recent Q2 2026 results showed strong revenue and EPS growth. The broader market rally also supported the stock's advance.

TD Cowen reiterated a Buy rating on Celestica (NYSE:CLS) with a $430 price target, citing improved demand visibility and 47.3% revenue growth. The company announced a $3B equity offering and raised its fiscal 2026 guidance. Analysts from UBS, BofA, Stifel, and Wolfe Research also upgraded their ratings and targets.

National Bank Financial analyst Zachary Evershed adjusted Richelieu Hardware's (RCH-T) Q3 forecast, raising sales to $538M but lowering EBITDA to $60.3M and EPS to 46 cents. He maintained a 'sector perform' rating, raising the target to $38.50. TD Cowen analyst Derek Lessard reaffirmed High Tide (HITI-X) as his 'Canada Best Idea,' citing strong retail share and growth potential, with a 'buy' rating and $6.50 target. Other 'Canada Best Ideas' include Barrick Mining (B-N, ABX-T) and Celestica (CLS

FBN Securities initiated coverage on Celestica (CLS) with an 'Outperform' rating and a $375 price target. The stock is currently trading at $321.65, which GuruFocus deems 67.8% overvalued. Celestica has a GF Score of 90, reflecting strong growth and profitability, but concerns exist due to significant insider selling and high valuation metrics.

The S&P/TSX Composite Index fell below 36,000 after Canada's August CPI data showed unchanged annual inflation at 3.0%. Energy goods drove price growth, while core inflation stayed near the Bank of Canada's target. Financials and mining shares declined, with Agnico Eagle, Barrick, and WPM dropping 3-3.5%. Celestica dropped 7% after a recent rally.

Celestica Inc. (CLS) announced leadership changes, appointing Mandeep Chawla as Group President, Global Markets, and promoting Todd Ankenmann to CFO, effective October 1, 2026. Chawla's pay will be $750,000 with a 120% target bonus and $1.7M in equity. Ankenmann's pay will be $600,000 with an 80% bonus and $1.45M in equity, according to the company.

CELESTICA INC (CLS) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Exhibit 99.1 FOR IMMEDIATE RELEASE Celestica Announces New Leadership Structure to Support Unprecedented Growth Mandeep Chawla named to newly created role of Group President, Global Markets; Todd Ankenmann appointed to Chief Financial Officer TORONTO, Sept. 11, 2026 – Celestica I

Celestica (CLS) rose 6.2% after announcing a leadership overhaul, including a new Group President role and CFO transition, to support growth. The company reported strong Q2 results and raised its 2026 outlook, with revenue at $4.70B and adjusted EPS at $2.54.

Celestica Inc (CLS) announced leadership changes, promoting Mandeep Chawla to Group President and Todd Ankenmann to CFO. Shares rose 2% to $332 in pre-market trading. According to GF Value™, CLS is 72.3% overvalued at $328.20, with a GF Score™ of 91/100. Insiders have sold $238.3M in shares over the past year.

Celestica Inc. announced leadership changes effective October 1, 2026. Mandeep Chawla, current CFO, will become Group President, Global Markets, with a salary of $750,000 and an equity award valued at $1,700,000. Todd Ankenmann, Senior Vice President, Finance, will succeed Chawla as CFO, with a salary of $600,000 and an equity award valued at $1,450,000.