TD Cowen Cites Improved Risk-to-Reward Profile for Celestica (CLS) Following Post-Earnings Pullback

Celestica Inc. (NYSE:CLS) is one of the under-the-radar AI stocks to buy. On January 30, TD Cowen raised the price target for Celestica to C$330 from C$305 and kept a Hold rating. This adjustment was made as the firm indicated that they observed an improved risk-to-reward profile following the stock’s pullback after Q4 2025 results.

However, on the same day, Citi analyst Atif Malik reduced the price target for Celestica Inc. (NYSE:CLS) to $338 from $375 while maintaining a Buy rating.

Additionally, Barclays raised its price target for the company to $391 from $359 while keeping an Overweight rating. This sentiment was announced as the firm informed investors that the company increased its fiscal year 2026 guidance by $1 billion, which is a move that the firm considers conservative and likely to be raised further throughout the year.

Celestica Inc. (NYSE:CLS), together with its subsidiaries, provides supply chain solutions in Asia, North America, and internationally. It operates through two segments: Advanced Technology Solutions and Connectivity & Cloud Solutions.

While we acknowledge the potential of CLS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.