Piper Jaffray Upgrades Corning (GLW) to Overweight, Ups Price Target to $16

Piper Jaffray upgraded shares of Corning (NYSE: GLW) to an Overweight rating from its previous rating of Neutral. The firm also raised its price target on the company from $13 to $16.

For an analyst ratings summary and ratings history on Corning click here. For more ratings news on Corning click here.

Shares of Corning closed at $13.58 yesterday, with a 52 week range of $11.51-$23.43.

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