Corning Inc (GLW) is todays under 30 stock. Jenny Horne and Alex Coffey discuss GLW with George Tsilis. They discussed Susquehanna analyst Mehdi Hosseini’s upgrade of Corning from Positive to Neutral with a price target of $50, up from $38. George spoke about Corning’s legacy as a manufacturer of glass, ceramics, and life science materials. Alex and George spoke about whether Corning’s legacy is what helps their standing in the marketplace. They also talked about Corning (GLW) 4Q core gross margin: 36.5% and expectations for continued growth in Fiber into 2023. Corning (GLW) shares are up 18% this week. Tune in to find out more.
01 Feb 2022