UBS analyst Joshua Spector raised the firm’s price target on Corning (GLW) to $125 from $109 and keeps a Buy rating on the shares. Corning’s earnings commentary indicates further optical deals similar to Meta (META) in their pipeline but not already baked into growth targets, leaving room for further upside revisions, the analyst tells investors in a research note.
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Read More on GLW:
- Corning price target raised to $103 from $98 at Morgan Stanley
- Corning price target raised to $120 from $100 at Oppenheimer
- Corning downgraded to Equal-Weight from Outperform at Fox Advisors
- Corning price target raised to $125 from $100 at Susquehanna
- Corning price target raised to $120 from $97 at Mizuho
