Zacks Investment Research downgraded shares of CELESTICA INC (CLS) from NEUTRAL to UNDERPERFORM on May 23, 2012, with a target price of $7.20.
Celestica, Inc. is one of the largest electronics manufacturing services company in the world, serving the computer, and communications sectors. The company provides competitive manufacturing technology and service solutions for printed circuit assembly and system assembly, as well as post-manufacturing support to many of the world's leading original equipment manufacturers. Celestica's extensive depth and breadth of offerings supports a wide variety of customer requirements from low volume, high complexity custom products to high volume commodity products.
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