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Corning price target raised to $38 from $35 at UBS

UBS analyst Joshua Spector raised the firm’s price target on Corning to $38 from $35 and keeps a Neutral rating on the shares. Meetings with the company’s management have highlighted a positive inflection in Corning’s order books and optionality to manage a 2025 FX reset, the analyst tells investors in a research note.

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