Barclays Maintains Equal-Weight on Corning, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tim Long has maintained an Equal-Weight rating on Corning (NYSE:GLW) and increased the price target from $28 to $35, indicating a positive outlook on the company's stock.
January 31, 2024 | 10:28 am
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Barclays has maintained an Equal-Weight rating on Corning and raised the price target from $28 to $35, suggesting a bullish sentiment on the stock's value.
The increase in price target by Barclays reflects a positive reassessment of Corning's stock value, likely due to improved financial performance or market conditions. As price targets can influence investor perception and stock price, this revised target may lead to a short-term increase in Corning's stock price.
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