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Corning Incorporated (GLW) [hlAlert]

Rating:
Hold GLW
up 16.58 %

Corning Incorporated (GLW) downgraded to Hold by Stifel

Posted on: Monday,  Apr 14, 2014  12:00 AM ET by Stifel

Stifel rated Hold Corning Incorporated (NYSE: GLW) on 04/14/2014. Previously Stifel rated Buy Corning Incorporated (NYSE: GLW) on 10/23/2013., when
the stock price was $17.61. Since then, Corning Incorporated has gained 16.58% as of 04/14/2014's recent price of $20.53.
If you would have followed the previous Stifel's recommendation on GLW, you would have gained 16.58% of your investment in 173 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
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/14/2014 12:00 AM Hold
None
20.53
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD up  15.20 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/23/2013 9:25 AM Buy
None
17.61 23.00

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