JPMorgan raised the firm’s price target on Corning (GLW) to $65 from $62 and keeps an Overweight rating on the shares as part of a Q2 preview. The firm sees resiliency in the company’s end markets and expects its Q3 outlook, added by lower tariff headwinds and better margins, will drive investor confidence for earnings upsides through the remainder of the year.
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Read More on GLW:
- Corning’s Market Position: Hold Rating Amid Fair Valuation and Limited Upside Potential
- Corning price target raised to $62 from $52 at JPMorgan
- Corning price target raised to $59 from $52 at Mizuho
- Corning price target raised to $60 from $52 at Citi
- Corning price target raised to $57 from $54 at UBS