Optical component stocks rally on proposed U.S. ban on Chinese tech

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Pullback provides opportunity to buy this data center stock: Truist

August 6, 2026 3:00 PM EDT

Truist upgraded a specialty glassmaker stock to Buy from Hold in a note Thursday, telling investors that a sharp pullback in the shares has created a more attractive entry point into a company well-positioned to benefit from AI and data center spending.

Analyst Matthew Niknam set a $175 price target on Corning (NYSE: GLW), down from $205 but still implying more... More