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Enter Symbol:
 
Corning Incorporated (GLW) [hlAlert]

Rating:
Buy GLW
down 24.42 %

Corning Incorporated (GLW) rated Buy by Jefferies & Co

Posted on: Friday,  Dec 11, 2009  8:25 AM ET by Jefferies & Co

Jefferies & Co rated Buy Corning Incorporated (NYSE: GLW) on 12/11/2009. Previously Jefferies & Co rated Buy Corning Incorporated (NYSE: GLW) on
01/04/2008., when the stock price was $22.44. Since then, Corning Incorporated has lost 24.42% as of 01/28/2016's recent price of $16.96.
If you would have followed the previous Jefferies & Co's recommendation on GLW, you would have lost 24.42% of your investment in 2946 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.

Our focus on growing and mid-sized companies enables us to identify unique investment ideas, which can make the difference in a tough market. Jefferies' research effort covers U.S. & International equity, high yield, convertibles, investment grade fixed income and post-reorganization securities, as well as special situations and quantitative research. The more than 120-person team of research professionals covers over 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes and dig deeper to provide in-depth, thought provoking, objective research. Our analysts use a variety of quantitative and qualitative tools, integrating field analysis, proprietary channel checks and ongoing dialogue with the managements of the companies they cover. We utilize the latest technologies to deliver a research product that is timely, differentiated, and tailored to each customer's needs. Regular client access to companies and their management teams is provided through a wide variety of Jefferies hosted industry conferences, company management meetings and on-site tours.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/11/2009 8:25 AM Buy
None
18.58
as of 12/31/2009
1 Week up  0.20 %
1 Month up  15.88 %
3 Months up  26.25 %
1 YTD up  102.83 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/4/2008 8:25 AM Buy
None
22.44 31.00

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