The Globe and Mail reports in its Thursday, Sept. 17, edition that TD Cowen analyst John Shao has reaffirmed his "buy" recommendation and $430 share target for Celestica (all figures U.S.). The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $467.45. Mr. Shao says in a note: "Long-term demand visibility remains the key investor debate. Using a proprietary framework built on the latest industry data, we estimate more stable refresh-driven demand in 2030-plus could support $20-billion of annual revenue, or equivalent to its F26E run rate today. This improved visibility, plus the added confidence from our revamped modeling approach, underpins Celestica as our Canada Best Idea." The Globe reported on April 21 and April 30 that Mr. Shao had maintained Celestica at "hold." It was then worth $403.02 and $409.69. The Globe reported on July 31 that CIBC World Markets analyst Todd Coupland had reaffirmed his "outperformer" recommendation for Celestica. The shares could then be had for $331.26.