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Stock impact report

Jim Cramer's Hurt By JPMorgan's Coverage of Corning (GLW) Stock [Yahoo! Finance]

Corning Incorporated (GLW) 
Last corning incorporated earnings: 4/28 07:15 am Check Earnings Report
Company Research Source: Yahoo! Finance
Glass manufacturer Corning Incorporated (NYSE:GLW) has been one of Jim Cramer's favorite stocks when it comes to the data center industry. In 2025's latter half, the CNBC TV host asserted on multiple occasions that Corning Incorporated (NYSE:GLW)'s ability and plans to switch out copper for glass in the data center sector made it a great stock to buy. Mizuho discussed the firm on April 2nd as it raised the share price target to $155 from $145 and kept an Outperform rating. Mizuho's coverage came after Bank of America had raised Corning Incorporated (NYSE:GLW)'s share price target to $144 from $155 and kept a Buy rating on the shares. BofA explained that it had made the adjustments due to expectations about the strength in the optical cycle. Cramer discussed JPMorgan's coverage of Corning Incorporated (NYSE:GLW): “JPMorgan rains down on the huge parade, by talking about maybe we should be getting a little more negative or a little more circumspect about the data center and they down Show less Read more
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