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Technology Stocks : CLS - Celestica

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To: QuietWon who wrote (45)10/20/1999 12:04:00 PM
From: Ted Downs  Read Replies (1) of 54
 
Wednesday October 20, 11:26 am Eastern Time

RESEARCH ALERT_- CFSB raises
Celestica

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
acquisitions.

-- Shares trading at 51-3/4, up 3-3/16 on the day in early Nasdaq trading.
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