Barclays starts Celestica coverage with 'overweight' rating
** Electronics manufacturing services company Celestica's CLS.N shares up 4.8% to $75.82
** Barclays initiates CLS coverage with "overweight" rating
** Brokerage says the company is uniquely positioned to enable hyperscale data centers that provide cloud computing and data solutions and meet the growing demands of artificial intelligence and machine learning
** Adds Alphabet's GOOGL.O Google and Meta Platforms META.O are CLS top two customers
** Brokerage sets PT at $91, a ~25.8% upside on stock's last close
** 10 of 11 brokerages rate the stock "buy" or higher, 1 "hold"; their median PT is $71.5 — LSEG compiled data
** Including session's moves, stock up ~158.8% YTD
Reporting by Prakhar Srivastava in Bengaluru
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