Beyond The Numbers: 17 Analysts Discuss Corning Stock
Portfolio Pulse from Benzinga Insights
Corning (NYSE:GLW) has been analyzed by 17 analysts, revealing a range of sentiments from bullish to bearish. The average 12-month price target is $42.59, up 12.29% from the previous $37.93. Recent analyst actions include several rating upgrades and increased price targets, indicating a positive outlook despite recent revenue challenges.
July 26, 2024 | 7:01 pm
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POSITIVE IMPACT
Corning has received a range of analyst ratings, with a notable increase in price targets. The average 12-month price target is now $42.59, reflecting a 12.29% increase. This suggests a positive short-term outlook despite recent revenue declines.
The increase in average price targets and multiple rating upgrades indicate a positive sentiment among analysts. Despite a recent revenue decline, the overall outlook for Corning appears optimistic in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100