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Corning Incorporated (GLW) [hlAlert]

Rating:
Buy GLW
up 40.28 %

Corning Incorporated (GLW) rated Buy with price target $15 by Stifel Nicolaus

Posted on: Tuesday,  Aug 21, 2012  8:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Buy Corning Incorporated (NYSE: GLW) on 08/21/2012, when the stock price was $12.09. Since
then, Corning Incorporated has gained 40.28% as of 01/28/2016's recent price of $16.96.
If you would have followed this Stifel Nicolaus's recommendation on GLW, you would have gained 40.28% of your investment in 1255 days.

Corning Incorporated (Corning is a global, technology-based company that operates in five business segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials and Life Sciences. Display Technologies segment manufactures glass substrates for use in liquid crystal flat panel displays. Telecommunications segment manufactures optical fiber and cable, and hardware and equipment components for the telecommunications industry. Environmental Technologies segment manufactures ceramic substrates and filters for automobile and diesel applications. Specialty Materials segment manufactures products that provide more than 150 material formulations for glass, glass ceramics and fluoride crystals to meet demand for customer needs. Life Sciences segment manufactures glass and plastic consumables for pharmaceutical and scientific applications. In September 2009, the Company acquired all the interest in Axygen BioScience, Inc. and its subsidiaries.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/21/2012 8:25 AM Buy
None
12.09 15.00
as of 12/31/2012
1 Week down  -0.94 %
1 Month up  3.18 %
3 Months down  -4.03 %
1 YTD up  4.38 %

(*) Stock Price at the time of the recommendation.
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