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Corning price target raised to $68 from $58 at Argus

Argus raised the firm’s price target on Corning (GLW) to $68 from $58 and keeps a Buy rating on the shares. The company’s Q4 results topped estimates, led by continued strength in Optical Communications, the analyst tells investors in a research note. Argus adds that it sees Corning as “well positioned” across its five market-access platforms of Optical Communications, Mobile Electronics, Display, Life Sciences, and Automotive.

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