Citigroup Maintains Buy on Corning, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Asiya Merchant has maintained a 'Buy' rating on Corning (NYSE:GLW) but lowered the price target from $39 to $36.
October 25, 2023 | 3:19 pm
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Citigroup has maintained a 'Buy' rating on Corning but lowered the price target from $39 to $36.
While the 'Buy' rating is maintained, the lowering of the price target could indicate a potential decrease in the expected future value of the stock. However, the impact on the stock price in the short term is uncertain as the 'Buy' rating still indicates a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100