Unveiling 18 Analyst Insights On Corning
Portfolio Pulse from Benzinga Insights
Analysts have shared mixed evaluations of Corning (NYSE:GLW) over the past three months, with a majority being somewhat bullish. The average 12-month price target has increased by 10.36% to $46.78. Corning shows strong financial health with impressive net margins and ROE, but faces challenges in debt management.
September 20, 2024 | 8:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Corning (NYSE:GLW) has received mixed analyst ratings, with a majority being somewhat bullish. The average 12-month price target has increased by 10.36% to $46.78, indicating positive sentiment. Corning's financial health is strong, but debt management remains a concern.
The increase in the average price target by 10.36% suggests positive sentiment among analysts, which could lead to a short-term price increase. Corning's strong financial metrics like net margin and ROE support this positive outlook. However, the higher debt-to-equity ratio poses a risk, which may temper the bullish impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100