Wednesday October 20, 11:26 am Eastern Time|
RESEARCH ALERT_- CFSB raises
NEW YORK, Oct 20 (Reuters) - Credit Suisse First Boston
raised its rating on Celestica Inc. to a strong buy from a buy, and
its price target to $64 a share from its previous target of $60 a share.
-- Raised 2000 earnings estimate to $1.80 a share from $1.70, driven by higher than expected
growth in the communications market and potential for original equipment manufacturing asset
-- Shares trading at 51-3/4, up 3-3/16 on the day in early Nasdaq trading.