Corning forecasts second-quarter core sales above estimates on steady carrier spending

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Corning (GLW) PT Raised to $35 at Deutsche Bank

May 1, 2024 5:00 AM EDT

Deutsche Bank analyst Matt Niknam raised the price target on Corning (NYSE: GLW) to $35.00 (from $33.00) while maintaining a Hold rating.

The analyst comments "We're updating our model post better than expected 1Q24 results, raising our estimates (by 3-4%) and 12-month price target (now $35, vs.... More