NEW YORK — Shares of Corning rose almost 3 percent on midday trading Wednesday as an analyst lifted the company's rating and price target, saying it should see an increase in its fourth-quarter earnings per share for the first time in two years as liquid crystal display fundamentals stabilize.
THE SPARK: Simona Jankowski of Goldman Sachs raised Corning to "Buy" from "Neutral" and increased its price target to $16 from $14.Read more here.NEW YORK — Shares of Corning rose almost 3 percent on midday trading Wednesday as an analyst lifted the company's rating and price target, saying it should see an increase in its fourth-quarter earnings per share for the first time in two years as liquid crystal display fundamentals stabilize.
THE SPARK: Simona Jankowski of Goldman Sachs raised Corning to "Buy" from "Neutral" and increased its price target to $16 from $14.
Read more here.