Barclays Maintains Equal-Weight on Corning, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tim Long has maintained an Equal-Weight rating on Corning (NYSE:GLW) but lowered the price target from $33 to $28.
October 25, 2023 | 2:18 pm
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Barclays has maintained an Equal-Weight rating on Corning but lowered the price target from $33 to $28, which could potentially impact the stock's performance.
The lowering of the price target by Barclays indicates a potential decrease in the stock's value. This could lead to a negative sentiment among investors, potentially driving the stock price down in the short term.
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IMPORTANCE 80
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