Analysts Offer Insights on Technology Companies: Celestica (CLS) and Automatic Data Processing (ADP)
Analysts fell to the sidelines weighing in on Celestica (CLS – Research Report) and Automatic Data Processing (ADP – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
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Celestica (CLS)
TD Cowen analyst John Shao maintained a Hold rating on Celestica yesterday and set a price target of $305.00. The company’s shares closed last Wednesday at $345.23.
According to TipRanks.com, Shao is ranked #3283 out of 12040 analysts.
Celestica has an analyst consensus of Moderate Buy, with a price target consensus of $369.14, representing a 7.5% upside. In a report issued on January 15, TipRanks – xAI also downgraded the stock to Hold with a C$490.00 price target.
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Automatic Data Processing (ADP)
TD Cowen analyst Bryan Bergin maintained a Hold rating on Automatic Data Processing yesterday and set a price target of $255.00. The company’s shares closed last Wednesday at $250.69.
According to TipRanks.com, Bergin is a 2-star analyst with an average return of
Currently, the analyst consensus on Automatic Data Processing is a Hold with an average price target of $288.00, implying a 15.4% upside from current levels. In a report released yesterday, TipRanks – Google also upgraded the stock to Hold with a $272.00 price target.
