Corning Incorporated (GLW) Message Board

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Technology Stocks : Corning Incorporated (GLW)

GLW 48.20

+1.3%

May 16 9:30 AM EDT

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From: Sidney Street	1/15/2015 1:34:45 PM
	of 2260

From SA: JPMorgan upgrades Corning, cites 4K TVs and Iris Glass Jan 15 2015, 10:57 ET \| About: Corning Inc. (GLW) \| By: Eric Jhonsa, SA News Editor JPMorgan's Rod Hall has upgraded Corning ( GLW +0.8%) to Overweight, and hiked his target by $5 to $26. His move comes a month after Citi's upgrade, and ahead of Corning's Jan. 27 Q4 report.Hall cites expectations of strong 4K/UHD TV growth - one of the factors behind Corning's Dec. 9 guidance hike - and the potential for the company's recently-launched Iris Glass (a light-guide plate solution for edge-lit TV sets) to boost 2016 EPS by as much as 6%.Corning is close to its 52-week high of $23.89, and trades for 15x 2015E EPS. The 2015 revenue growth consensus is at 2.2%.

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