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Fly News Breaks for November 2, 2016
GLW
Nov 2, 2016 | 05:50 EDT
Goldman Sachs analyst Doug Clark downgraded Corning to Buy from Conviction Buy saying the restocking phase of glass/TV cyclical recovery is now "well understood and largely behind us." The analyst, however, sees a "healthy supply demand balance" into the holiday season and 2017, which underpins his Buy rating. He keeps a $27 price target for Corning shares.
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