Corning price target raised to $83 from $65 at Barclays

Barclays raised the firm’s price target on Corning (GLW) to $83 from $65 and keeps an Equal Weight rating on the shares following the earnings report. The company’s optical segment largely met expectations, with supply constraints and timing to blame for lack of upside, the analyst tells investors in a research note. The firm moved estimates higher post the report.