Thomas Weisel Downgrades Corning (GLW) to Market Weight
More News related to GLW
- Corning (GLW) Said Q2 Glass Demand is "Much Stronger Than We Anticipated"
- Corning (GLW) Announces Improved 2Q LCD Volume Performance
- XIAMETER(R) Brand Launches Expanded Online Marketplace for Silicone-based Products
- Corning Announces Improved 2Q LCD Volume Performance
- Morgan Keegan Initiates Coverage on Corning (GLW) with an Outperform
More News related to Downgrades
- SunTrust Downgrades Scotts Miracle-Gro (SMG) to Neutral
- J.P. Morgan Downgrades Opnext (OPXT) to Underweight
- Jefferies Downgrades Discovery Lab (DSCO) Two-Notches To Underperform
- Credit Suisse Downgrades FPL Group (FPL) to Neutral
- Jefferies & Co Downgrades Blackbaud (BLKB) to Hold
Thomas Weisel downgrades Corning (NYSE: GLW) from Overweight to Market Weight.
Shares of Corning are down more than 6.7% today to $9.99. Corning is seeing substantial downside today on what appears to be light volume: the stock has traded about 9 million times, about 6 million shares less than its average daily volume of about 15 million.
Corning Incorporated provides specialty glass and ceramics products in the United States.
Related Categories
DowngradesStocks Mentioned
+10.70Related Entities
Comments
Corning
GLW at 9.96 is undervalued and constitutes a tremendous buying opportunity. Weisel is either clueles ,doesn't understand the company, or both.
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
Corning
Fibre Step Dad on Jan 23, 2009 04:31 PMVerizon maybe up to something!