Inside the Market’s roundup of some of today’s key analyst actions
), noting: “Both stocks have experienced an upward valuation re-rating over the quarter, in our view reflecting the modest decline in risk-free rates and likely improved investor sentiment on the fundamentals for these companies.”
“Celestica, in our view, is likely to report Q4 revenue in line with RBC/consensus and toward the high end of guidance,” he said. “Our outlook reflects solid bookings and backlog as of Q3 and sustained hyperscaler demand. Even though we expect Q1 guidance in line with consensus, we believe Celestica is likely to slightly raise its FY23 outlook.”“Coveo’s shares are up 58 per cent since the company reported Q2 on November 7,” he said.
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