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In response to the soft forecast attached to Corning's (GLW) Q4 report, Goldman (Neutral) is...
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Thursday, January 26, 2012, 9:55 AM ETIn response to the soft forecast attached to Corning's (GLW) Q4 report, Goldman (Neutral) is lowering its PT to a mere $11. Of particular importance to Goldman is management's earnings call admission that the problems in its display glass business are "structural," with price declines offsetting any long-term volume growth. DisplaySearch recently noted that even Corning's Gorilla Glass growth is slowing.
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