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Stock impact report

Jim Cramer Discusses Major Potential Catalyst For Corning (GLW) [Yahoo! Finance]

Corning Incorporated (GLW) 
Last corning incorporated earnings: 4/28 07:15 am Check Earnings Report
Company Research Source: Yahoo! Finance
Corning Incorporated (NYSE:GLW) is one of the largest glass manufacturers in the world. The shares are up by 104% over the past year and by 12% year-to-date. The firm's earnings report and a deal with social media giant Meta Platforms have led to several analysts discussing its stock. For instance, Wolfe Research raised Corning Incorporated (NYSE:GLW)'s share price target to $130 from $100 and kept an Outperform rating after the Meta deal was announced. The financial firm believes that the deal can double the glass manufacturer's revenue and might be followed by another one with software giant Microsoft. Similarly, Oppenheimer raised Corning Incorporated (NYSE:GLW)'s share price target to $120 from $100 and kept an Outperform rating. It pointed out that the firm can scale its optical business to outdo its first-quarter guidance provided during the latest earnings report. As for Cramer, the CNBC TV host has repeatedly discussed Corning Incorporated (NYSE:GLW)'s potential to replace co Show less Read more
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