Celestica upgraded to a buy at Beacon Securities

Oct 11 06:10 2018 Print This Article

A number of new announcements from Celestica (Celestica Stock Quote, Chart TSX, NYSE:CLS) have caused Beacon Securities analyst Gabriel Leung to upgrade his recommendation for the stock, moving from a “Hold” to a “Buy” with an unchanged target price of $13.00. (All figures in US dollars unless noted otherwise.) Design, manufacturing and supply chain company […]

The post Celestica upgraded to a buy at Beacon Securities appeared first on Cantech Letter.

Read More

About Article Author

Cantech Letter

Founded in 2008 by Nick Waddell, Cantech Letter is an online magazine focusing on Canadian technology. The site has grown into one of the most popular and respected financial sites in Canada, and was described by Canadian Business Magazine as “one of Canada’s premier technology newsletters”. Waddell, who is Senior Editor, is routinely called on by the mainstream media for perspective on Canadian technology, and has been featured on BNN, CTV News Channel, and the CBC program “The Lang and O’Leary Exchange” in addition to mainstream print media such as The Guardian, The International Business Times, The Globe and Mail, Macleans, The Waterloo Record , Canadian Business, Slate, and Business Insider. You can email Nick at nick@cantechletter.com Cantech Letter is focused on those companies listed on the TSX and TSXV Technology, Cleantech and Life Sciences Sectors. Each year we present the Cantech Letter Awards, which honor Canada’s Top Technology Stock and Top Technology Stock Executive.

  Categories:

Related Items

Online cannabis sellers bracing for major demand as legalization looms

TORONTO — As many as 100 locations across the country may be ready to sell cannabis on Wednesday when recreational pot is legalized across the country, but most Canadians’ first purchase of legal pot will likely be at the click of a button. Provincial and territorial governments and private ret ...

Can earnings season stop the market’s decline?

Markets are crashing! Sell your stocks! The world is coming to an end! There’s a good chance you’ve heard at least something like this over the last week, whether from cable TV, a business news website or your panicked friend who wants to pull everything out of the market. Stocks have taken a t ...

Small Business Week

There are nearly 1.3 million small businesses in Canada. We are proud to help celebrate and focus on the role they play in our economy. #iheartsmallbiz campaign for Small Business Week We will be running a #iheartsmallbiz campaign on social media to recognize some of the extraordinary small busine ...

Survey: AR/VR startups leaving international money on the table

The bulk of AR/VR startups aren’t selling outside their own backyards, at a time when growing revenue and extending financial runways are critical to survival. So while there is money to be had internationally, many are simply leaving it on the table. Although Chinese computer vision/AR investm ...

Facebook’s fake news and privacy issues aren’t going away, this investor says

Tech stocks had a rough couple of days this week, adding more misery to Facebook (Facebook Stock Quote, Chart: NASDAQ:FB) which has seen its share price tumble almost 30 per cent over the past couple of months. Ahead of Facebook’s next earnings report due on October 30, Avenue Investment’s Paul ...

Stock Pickers Digest Hotline – Friday, October 12, 2018

SHOPIFY INC., $176.20, symbol SHOP on Toronto, offers merchants of all sizes Internet-based software to design, set up and manage stores across multiple sales channels. They include permanent and temporary retail stores, but also web, mobile and social-media platforms. The software gives merchants ...

Former BlackBerry boss Balsillie raises concerns about new trade agreement

Former Research in Motion co-CEO Jim Balsillie says that joining the data economy of the 21st century will be a challenge for Canada, one which just got a whole lot tougher thanks to the newly negotiated USMCA trade agreement. The months of dealmaking and bargaining over a revamped North American F ...

AcuityAds gets “Top Pick” status at Echelon Wealth Partners

Continued momentum at AcuityAds Holdings (AcuityAds Stock Quote, Chart: TSXV:AT) has Echelon Wealth Partners analyst Rob Goff adding the stock to the firm’s “Top Pick Portfolio” and raising his price target on the stock. In a research report to clients Wednesday, Goff maintained his “Specul ...

Buy CGI Group stock on the pullback, Christine Poole says

Having produced a banner year so far, CGI Group (CGI Group Stock Quote, Chart TSX:GIB.A, NYSE:GIB) is now in the middle of a sizeable pullback, which presents investors with an excellent entry point to a solid tech sector buy, says Christine Poole, CEO and managing director at GlobeInvest Capital M ...