Goldman Sachs Upgrades Corning to Buy, Raises Price Target to $50
Goldman Sachs analyst Rod Hall upgrades Corning (NYSE:GLW) from Neutral to Buy and raises the price target from $38 to $50.
32 Stocks Moving In Wednesday’s Mid-Day Session
Gainers
Exela Technologies, Inc. (NASDAQ: XELA) rose 32% to $0.7262 after the company announced a share buyback of up to 100 million shares of common stock at $1 per share through an exchange offer of new notes.
Corning Shares Gain On Q4 Beat, Robust Outlook
Corning Inc (NYSE:GLW) reported fourth-quarter FY21 core sales growth of 12% year-on-year to $3.71 billion, above the consensus of $3.59 billion.…
Corning Q4 EPS $0.54 Beats $0.52 Estimate, Sales $3.71B Beat $3.59B Estimate
Corning (NYSE:GLW) reported quarterly earnings of $0.54 per share which beat the analyst consensus estimate of $0.52 by 3.85 percent. This is a 3.85 percent increase over earnings of $0.52 per share from the same period
Earnings Scheduled For January 26, 2022
Companies Reporting Before The Bell
• Blue Foundry (NASDAQ:BLFY) is projected to report earnings for its fourth quarter.
Earnings Outlook For Corning
Corning (NYSE:GLW) is set to give its latest quarterly earnings report on Wednesday, 2022-01-26. Here's what investors need to know before the announcement.
Analysts estimate that Corning will likely report an Earnings Per Share (EPS) of $0.52.
West Announces Collaboration With Corning In Pharmaceutical Injectable Drug Delivery
Exclusive long-term supply and development agreement includes a multimillion-dollar capital and R&D investment in Corning to enable advanced drug containment and delivery system solutions
EXTON, Pa., Jan. 25, 2022
Deutsche Bank Downgrades Corning to Hold, Announces $41 Price Target
Deutsche Bank analyst Matthew Niknam downgrades Corning (NYSE:GLW) from Buy to Hold and announces $41 price target.
UBS Maintains Buy on Corning, Lowers Price Target to $51
UBS analyst John Roberts maintains Corning (NYSE:GLW) with a Buy and lowers the price target from $52 to $51.