Corning Reports Third-Quarter 2019 Financial Results Consistent with Management Expectations

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Go back to Corning Reports Third-Quarter 2019 Financial Results Consistent with Management Expectations

Corning (GLW) PT Lowered to $25 at Susquehanna

October 29, 2019 1:30 PM EDT

Susquehanna analyst Mehdi Hosseini lowered the price target on Corning (NYSE: GLW) to $25.00 (from $26.00) while maintaining a Neutral rating, citing limited visibility on fiber/display into 2020.

The analyst commented, "We are lowering estimates, and reducing our price target to $25 to reflect incrementally... More