Corning Reports Fourth-Quarter and Full-Year 2016 Financial Results and Significant Progress on Strategy and Capital Allocation Framework

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Go back to Corning Reports Fourth-Quarter and Full-Year 2016 Financial Results and Significant Progress on Strategy and Capital Allocation Framework

Corning (GLW) PT Raised to $31 at Susquehanna

January 25, 2017 12:55 PM EST

Susquehanna raised its price target on Corning (NYSE: GLW) to $31.00 (from $27.00) while maintaining a Positive rating.

Analyst Mehdi Hosseini commented, "We are increasing our estimates post GLW earnings report and guide, and remain above consensus. The key catalyst for the stock is the... More

Corning (GLW) PT Raised to $28 at Barclays

January 25, 2017 7:28 AM EST

Barclays raised its price target on Corning (NYSE: GLW) to $28.00 (from $26.00) while maintaining a Overweight rating.

... More

Corning (GLW) PT Raised to $24.50 at Jefferies Following 4Q

January 25, 2017 7:10 AM EST

Jefferies raised its price target on Corning (NYSE: GLW) to $24.50 (from $21.00) while maintaining a Hold rating. Based on Cornings 2016 results and 2017 outlook, Jefferies increased 2017 revenue and EPS projections from $9.69 billion and $1.60 to $10.04 billion and $1.65, respectively.

Analyst George Notter commented, "Corning posted better-than-expected Q4... More

Corning (GLW) Tops Q4 EPS by 6c

January 24, 2017 7:15 AM EST

Corning (NYSE: GLW) reported Q4 EPS of $0.50, $0.06 better than the analyst estimate of $0.44. Revenue for the quarter came in at $2.55 billion versus the consensus estimate of $2.5 billion.

For full-year 2017, Corning expects the rate of growth in both retail market and glass... More