Seeking Alpha

In spite of receiving two upgrades - Barclays has lifted shares to Overweight, and Morgan...

In spite of receiving two upgrades - Barclays has lifted shares to Overweight, and Morgan Stanley to Equalweight - Corning (GLW +1.2%) is up just moderately. MS cites stabilizing LCD glass prices as a reason for its sentiment change. Jim Cramer is also talking up Corning. "[Corning] did a better-than-expected quarter no one seemed to pick up on. The Gorilla Glass market is finally working for them." One could argue the market has been working for a while.
Comments (3)
  • I hope this isn't another false start for poor GLW.

     

    Me and about three other "investors" still own shares.
    13 May 2013, 01:56 PM Reply Like
  • I've been long GLW since it was around $12
    13 May 2013, 02:12 PM Reply Like
  • Analyst upgrades, as always, come when the money has already been made.
    21 May 2013, 02:26 AM Reply Like
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