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Corning Incorporated (GLW) [hlAlert]

Neutral GLW

Corning Incorporated (GLW) downgraded to Neutral with price target $19 by UBS

Posted on: Wednesday,  Oct 28, 2015  4:25 PM ET by UBS

Corning Incorporated (NYSE: GLW)
downgraded to Neutral with price target $19 by UBS.

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.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/28/2015 4:25 PM Hold
as of 8/27/2015
1 Week down  -1.56 %
1 Month down  -19.12 %
3 Months down  -20.63 %
1 YTD down  -4.82 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/25/2013 11:25 AM Buy
14.18 17.00
9/9/2011 11:25 AM Buy
13.71 20.00
10/6/2009 8:25 AM Buy
4/21/2009 11:25 AM Hold
15.02 15.00
12/10/2008 12:25 PM Hold
8.92 10.00
9/4/2008 9:25 AM Hold
16.77 20.00
7/21/2008 10:25 AM Hold
20.55 23.50
4/30/2008 9:25 AM Hold
26.75 29.00

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