Home > News > Industry News > Corning rises as analyst ups rating, price target

Corning rises as analyst ups rating, price target

Post Time:Sep 24,2012Classify:Industry NewsView:62

NEW YORK — Shares of Corning rose almost 3 percent on midday trading Wednesday as an analyst lifted the company's rating and price target, saying it should see an increase in its fourth-quarter earnings per share for the first time in two years as liquid crystal display fundamentals stabilize.

THE SPARK: Simona Jankowski of Goldman Sachs raised Corning to "Buy" from "Neutral" and increased its price target to $16 from $14.

Read more

Source: http://www.glassonweb.com/news/index/17105/Author:

Hot News