GLW Crosses Above Average Analyst Target
August 23, 2017 at 08:51 AM EDT
In recent trading, shares of Corning Inc (GLW) have crossed above the average analyst 12-month target price of $28.38, changing hands for $28.50/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..