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-0.000524025694922831 -0.000524025694922831 5.8879291564645E-06 -0.00193712869246745 -0.00535212760320063 -0.000465146403358353 0.0062229523254377 0.00536390346151356
Stock impact report

Morgan Stanley Lifts Corning (GLW) PT to $140 as Optical Stocks Hit New Highs [Yahoo! Finance]

Corning Incorporated (GLW) 
Last corning incorporated earnings: 4/28 07:15 am Check Earnings Report
Company Research Source: Yahoo! Finance
On April 20, Morgan Stanley analyst Meta Marshall raised the firm's price recommendation on Corning Incorporated (NYSE:GLW) to $140 from $127. It reiterated an Equal Weight rating. The analyst noted that optical stocks have continued to reach new highs and said the enthusiasm around the group is unlikely to “wane just yet as there is nothing that disproves the bull case for now.” On April 16, JPMorgan downgraded GLW to Neutral from Overweight and raised its price target to $175 from $115. The firm said it is taking a more cautious stance on optical companies heading into earnings. The analyst noted that current valuations require investors to “dial forward” to 2028 earnings. JPMorgan added that visibility into earnings through 2028 needs to improve to support further upside in the shares. Corning Incorporated (NYSE:GLW) operates as a materials science company. Its business segments include Optical Communications, Display, Specialty Materials, Automotive, and Life Sciences. The Op Show less Read more
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