Corning (GLW) Tops Q4 EPS by 1c; offers guidance

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Corning (GLW) PT Lowered to $52 at Barclays

January 29, 2025 1:57 PM EST

Barclays analyst Tim Long lowered the price target on Corning (NYSE: GLW) to $52.00 (from $53.00) while maintaining a Equalweight rating.

The analyst comments "Optical again drove the beat with Enterprise up over 90% y/y, though we expect Enterprise growth to moderate... More

January 29, 2025 1:28 PM EST

BofA Securities analyst Wamsi Mohan raised the price target on Corning (NYSE: GLW) to $65.00 (from $56.00) while maintaining a Buy rating.

The analyst comments "Corning reported strong results for F4Q, with revenue of $3.87bn (above guidance of $3.75bn) and EPS of $0.57 (top... More