Deutsche Bank has decided to maintain its Hold rating of Corning (NYSE:GLW) and lower its price target from $44.00 to $39.00.
Shares of Corning are trading up 1.17% over the last 24 hours, at $35.35 per share.
A move to $39.00 would account for a 10.33% increase from the current share price.
Corning Inc is a leader in materials science, specializing in the production of glass, ceramics and optical fiber. The firm supplies its products for a wide range of applications, from flat-panel displays in televisions to gasoline particulate filters in automobiles to optical fiber for broadband access, with a leading share in many of its end markets.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.