Corning price target raised to $65 from $52 at Barclays

Barclays raised the firm’s price target on Corning (GLW) to $65 from $52 and keeps an Equal Weight rating on the shares. The company reported optical results ahead of expectations and fiscal year estimates are lifted on continued strength in both carrier and enterprise, the analyst tells investors in a research note. The firm believes data center continues to provide upside for Corning.