GLW – Corning Inc, is engaged in the manufacture of speciality glass and ceramics.GLW – Corning Inc, is engaged in the manufacture of speciality glass and ceramics.
GLW – Corning Incorporated
|Fundamentals||Previously closed at||20.29|
|Analysts opinion||Citigroup initiated a “Buy” rating for Corning Stock with a Price Target of $23. State officials have awarded Corning with a 10 year, $8.3 million, Grow NJ grant to encourage the firm to invest in its Vineland Plant – which is a joint venture of Corning and Gerresheimer for manufacturing pharmaceutical glass. Analyst confidence meter, a proprietary algorithm of Stockal gives 53% buy based on analyst ratings.|
|Sentiments||Stockman Asset Management cut its stake in Corning Incorporated by 9.9% during Q1 this year. Also, on June 7th, CFO Tony Tripeny sold 7,500 shares. The sentiment index is 100% negative according to Stockal proprietary algorithm.|
|Social Media Pulse||The stock has 18% lower social media chatter than usual.|
Disclaimer: This blog contains an aggregated view of analysts and opinions by the author. Do not consider this as financial advice. See http://stockal.com/legalities/