Citigroup Upgrades Corning to Buy, Raises Price Target to $40
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Asiya Merchant has upgraded Corning (NYSE:GLW) from Neutral to Buy and raised the price target from $36 to $40.
June 15, 2023 | 9:12 am
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Citigroup upgraded Corning (NYSE:GLW) to Buy and increased the price target from $36 to $40.
The upgrade from Neutral to Buy and the increase in price target from $36 to $40 by Citigroup analyst Asiya Merchant indicates a positive outlook for Corning's stock. This is likely to have a positive short-term impact on the stock price as investors may see this as a signal to buy.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100