This is what analysts have to say about Corning Incorporated (NYSE:GLW) after last week.

December 14, 2017 - By Clifton Ray

 This is what analysts have to say about Corning Incorporated (NYSE:GLW) after last week.
Investors sentiment increased to 0.92 in Q2 2017. Its up 0.12, from 0.8 in 2017Q1. It improved, as 42 investors sold Corning Incorporated shares while 336 reduced holdings. 89 funds opened positions while 257 raised stakes. 627.26 million shares or 3.43% less from 649.52 million shares in 2017Q1 were reported.
Campbell & Co Inv Adviser Limited stated it has 0.23% in Corning Incorporated (NYSE:GLW). Caisse De Depot Et Placement Du Quebec has invested 0.04% in Corning Incorporated (NYSE:GLW). 99,750 are held by Gareth Morgan Investments Lp. Next Financial Grp Inc accumulated 8,738 shares. Estabrook Capital Mngmt holds 0% in Corning Incorporated (NYSE:GLW) or 383,312 shares. M&T Fincl Bank invested 0.04% in Corning Incorporated (NYSE:GLW). Iat Reinsurance Company stated it has 1.6% of its portfolio in Corning Incorporated (NYSE:GLW). Motley Fool Wealth Limited Liability Corp owns 0.31% invested in Corning Incorporated (NYSE:GLW) for 112,326 shares. 326 were reported by Wfg Advsr Lp. Vigilant Management Ltd Liability reported 1,300 shares or 0.01% of all its holdings. Stephens Inc Ar has invested 0.08% in Corning Incorporated (NYSE:GLW). Cibc Mkts Corp has 0.04% invested in Corning Incorporated (NYSE:GLW) for 130,030 shares. Mitsubishi Ufj Secs Hldgs Co Ltd holds 700 shares or 0.11% of its portfolio. 372,863 were reported by Barry Inv Advsrs. Ameriprise Fincl invested 0.11% of its portfolio in Corning Incorporated (NYSE:GLW).

Since August 24, 2017, it had 0 buys, and 6 selling transactions for $12.61 million activity. $945,178 worth of stock was sold by Musser Eric S on Wednesday, October 25. $1.38M worth of Corning Incorporated (NYSE:GLW) was sold by McRae Lawrence D on Wednesday, August 30. Kinlin Clark S also sold $1.33 million worth of Corning Incorporated (NYSE:GLW) on Thursday, August 24. Another trade for 33,000 shares valued at $942,619 was made by Pambianchi Christine M on Tuesday, August 29. 248,857 shares were sold by WEEKS WENDELL P, worth $7.81M on Tuesday, October 31.

Corning Incorporated (NYSE:GLW) Ratings Coverage

Among 18 analysts covering Corning Incorporated (NYSE:GLW), 5 have Buy rating, 2 Sell and 11 Hold. Therefore 28% are positive. Corning Incorporated has $3500 highest and $15.75 lowest target. $26.83’s average target is -16.91% below currents $32.29 stock price. Corning Incorporated had 43 analyst reports since July 30, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Outperform” rating and $24 target in Wednesday, October 28 report. Guggenheim initiated the stock with “Buy” rating in Wednesday, January 4 report. The stock of Corning Incorporated (NYSE:GLW) has “Sell” rating given on Tuesday, August 15 by Goldman Sachs. The rating was upgraded by Bank of America on Tuesday, January 24 to “Neutral”. UBS maintained it with “Neutral” rating and $19 target in Wednesday, October 28 report. The stock of Corning Incorporated (NYSE:GLW) has “Neutral” rating given on Tuesday, September 29 by Sterne Agee CRT. The firm has “Hold” rating given on Friday, September 8 by Stifel Nicolaus. Goldman Sachs upgraded the shares of GLW in report on Tuesday, April 12 to “Buy” rating. Deutsche Bank maintained the shares of GLW in report on Wednesday, October 26 with “Buy” rating. The stock has “Hold” rating by Jefferies on Tuesday, May 30. Below is a list of Corning Incorporated (NYSE:GLW) latest ratings and price target changes.

12/12/2017 Broker: Guggenheim Rating: Buy New Target: $35.0 Maintain
25/10/2017 Broker: Citigroup Rating: Neutral Old Target: $30 New Target: $32 Maintain
25/10/2017 Broker: Deutsche Bank Rating: Buy Old Target: $33 New Target: $35 Maintain
24/10/2017 Broker: Guggenheim Rating: Buy New Target: $35.0 Maintain
04/10/2017 Broker: Jefferies Rating: Hold New Target: $29.5 Maintain
08/09/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $28.0 Maintain
31/08/2017 Broker: Jefferies Rating: Hold New Target: $29.5 Maintain
15/08/2017 Broker: Goldman Sachs Old Rating: Neutral New Rating: Sell Downgrade
27/07/2017 Broker: Oppenheimer Rating: Hold
26/07/2017 Broker: Drexel Hamilton Rating: Sell New Target: $17.5000 Maintain

The stock decreased 1.07% or $0.35 during the last trading session, reaching $32.29. About 5.25M shares traded. Corning Incorporated (NYSE:GLW) has risen 53.38% since December 14, 2016 and is uptrending. It has outperformed by 36.68% the S&P500.

Corning Incorporated manufactures and sells specialty glasses, ceramics, and related materials in North America, the Asia Pacific, Europe, and internationally. The company has market cap of $28.06 billion. The firm operates through five divisions: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, and Life Sciences. It has a 13.5 P/E ratio. The Display Technologies segment makes glass substrates for liquid crystal displays used in LCD televisions, notebook computers, and flat panel desktop monitors.

More notable recent Corning Incorporated (NYSE:GLW) news were published by: Nasdaq.com which released: “Corning to Acquire Substantially All of 3M’s Communication Markets Division” on December 11, 2017, also Nasdaq.com with their article: “Is Corning Incorporated (GLW) a Suitable Value Stock?” published on November 20, 2017, Fool.com published: “Better Buy: Corning Incorporated vs. Cirrus Logic” on November 21, 2017. More interesting news about Corning Incorporated (NYSE:GLW) were released by: Nasdaq.com and their article: “Corning Incorporated (GLW) Ex-Dividend Date Scheduled for November 15, 2017” published on November 14, 2017 as well as Fool.com‘s news article titled: “Is Universal Display (still) a buy?” with publication date: December 07, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.