Corning, Inc. (GLW) Misses Q2 EPS by 1c

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Cantor Fitzgerald Comments on Weakness in Corning (GLW) Stock

July 29, 2014 12:57 PM EDT

Cantor Fitzgerald maintained a Hold rating on Corning (NYSE: GLW) and reduced its price target to $18.00 (from $19.00). Analyst Brian J. White noted weakness in the tablet market and a delayed smartphone ramp.

"In our view, the big concern on today's call was the weaker-than-expected Gorilla Glass sales in... More