Oppenheimer analyst Martin Yang raised the firm’s price target on Corning to $51 from $47 and keeps an Outperform rating on the shares after the company hosted investor meetings at its optical fiber facility in Concord, North Carolina. Management added operating margin of 20% by end of 2026 to its Springboard plan, the analyst tells investors in a research note. The firm believes the business update provides better visibility into 2025 and an enhanced margin outlook longer term.
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