CIBC Raises Celestica Target Price on AI Data‑Center Growth

CIBC has lifted its price target for Celestica Inc. (CE) in its latest analysis, citing the company’s rapid expansion in the artificial‑intelligence (AI) data‑center segment. The analyst highlighted the expected surge in demand for AI applications, which is poised to generate new revenue streams from Celestica’s infrastructure services and hardware sales. The brokerage foresees that this development will strengthen Celestica’s profitability and market positioning. Market participants reacted positively to the revised target, indicating that investors are increasingly valuing the company’s growth prospects. Nonetheless, the analyst cautioned that competition and regulatory risks within the AI sector remain factors to consider. Investors are advised to evaluate such analyses within the context of their own risk tolerance and investment strategy. This is not investment advice.