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Corning (NYSE:GLW) Trading Down 2.5% – Should You Sell?
['Michael Walen']
Markets Daily
Shares of Corning Incorporated (NYSE:GLW – Get Free Report) fell 2.5% during mid-day trading on Monday .
Citigroup Price Target UpdateCiti reduced its price target from $240 to $220 but maintained a “buy” rating, indicating substantial upside based on the current quotation.
JPMorgan Price Target UpdateJPMorgan cut its price target from $200 to $170 and shifted to a “neutral” rating.
Oppenheimer set a $200.00 price target on shares of Corning in a research report on Wednesday.
Corning Price PerformanceThe company has a 50 day moving average of $186.29 and a 200-day moving average of $156.25.