The Globe and Mail reports in its Friday edition that CIBC analyst Todd Coupland has boosted Celestica to "outperformer." The Globe's Darcy Keith writes that Mr. Coupland's share target soared $11 (U.S.) to $25 (U.S.). He jacked up his share target after the company posted its latest earnings. Mr. Coupland says in a note: "This upgrade is supported by Celestica's Q2 beat and the raise of its 2023 guidance. Q2 revenue was 5 per cent higher than FactSet, while earnings per share was 15 per cent higher. Its revised 2023 outlook calls for higher Y/Y growth in revenue (8 per cent) and EPS (19 per cent). Demand trends are strong across its business. The company is also experiencing accelerated AI-related demand in the enterprise business (26 per cent of total revenue) from hyper-scaler customers such as Google, Microsoft and Amazon. These facts provide us increased confidence in our forecast and the expectation of a peer valuation." The Globe reported on Sept. 27, 2021, that Mr. Coupland had reiterated his "neutral" call on Celestica, which was then worth about $9 (U.S.). The Globe reported on April 29, 2023, that RBC had reaffirmed its "sector perform" call for Celestica, which was then worth about $10.25 (U.S.).