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Corning Incorporated (GLW) [hlAlert]

Rating:
Buy GLW
up 57.18 %

Corning Incorporated (GLW) rated Buy with price target $24 by Argus

Posted on: Wednesday,  Mar 5, 2014  3:25 PM ET by Argus

Argus rated Buy Corning Incorporated (NYSE: GLW) on 03/05/2014. Previously Argus rated Buy Corning Incorporated (NYSE: GLW) on 02/17/2009., when
the stock price was $10.79. Since then, Corning Incorporated has gained 57.18% as of 01/28/2016's recent price of $16.96.
If you would have followed the previous Argus's recommendation on GLW, you would have gained 57.18% of your investment in 2536 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.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/5/2014 3:25 PM Buy
None
19.68 24.00
as of 10/17/2014
1 Week down  -2.31 %
1 Month down  -14.29 %
3 Months down  -17.40 %
1 YTD down  -0.39 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/17/2009 8:25 AM Buy
None
10.79
9/4/2008 9:25 AM Hold
None
16.77

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