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Corning rises as analyst ups rating, price target

Post Time:Sep 24,2012Classify:Industry NewsView:153

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.

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

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