JP Morgan Downgrades Corning to Neutral, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Samik Chatterjee has downgraded Corning (NYSE:GLW) from Overweight to Neutral and lowered the price target from $43 to $36.
October 10, 2023 | 8:37 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Corning's stock has been downgraded by JP Morgan from Overweight to Neutral, with a reduced price target of $36.
The downgrade from JP Morgan, a major financial institution, could negatively impact investor sentiment towards Corning. The lowered price target suggests that JP Morgan expects Corning's stock price to decrease in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100