Asiya Merchant analyst at Citigroup reiterates coverage on Corning (GLW) in the Technology sector with a Hold rating. TipRanks.com has Merchant rated as a 4.5 star analyst with a 63% return on investment and a 33% success rate. Merchant has set a price target of $37.
TipRanks.com reports that Corning currently has 7 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $42.86. The target pricing ranges from a high forecast of $50.00 down to a low forecast of $37.00. Corning (GLW)’s last closing price was $33.41 which would put the average price target at 28.28% upside.
In addition, TradingView issued a Sell rating for GLW over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on GLW.
Other analysts covering GLW include:
- Tim Long of Barclays issued a Hold rating with the price target of $ 38 on 2 weeks ago
- Mehdi Hosseini of Susquehanna issued a Buy rating with the price target of $ 48 on 4 weeks ago
- Samik Chatterjee of J.P. Morgan issued a Buy rating with the price target of $ 45 on 4 weeks ago
- Wamsi Mohan of Bank of America Securities issued a Buy rating with the price target of $ 42 on 1 month ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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