Credit Suisse analyst Shannon Cross upgraded Corning to Outperform from Neutral with a $36 price target as he expects several headwinds to change to tailwinds during 2023, leading her to raise her revenue estimates. The analyst cites as tailwinds a multi-year optical opportunity, TV panel production, reduction of yen overhang, China reopening, solar potential, and the improvement of supply chain.
Published first on TheFly
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