Corning price target raised to $70 from $65 at BofA

BofA raised the firm’s price target on Corning (GLW) to $70 from $65 and keeps a Buy rating on the shares. The firm believes Corning remains an attractive investment heading into 2026 given continued ability to deliver upside to estimates, ramp of GenAI clusters with Blackwell/Rubin over time, increased beneficiary of Capex investments from carriers to build out fiber infrastructure to home and across data centers, capturing share of Solar projects domestically with lower cost and highest U.S. content solutions and driving strong incremental operating margins of 30%-plus.