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Reiterating Bullish Stance on Corning

  • Oppenheimer & Co. Inc.
  • April 15, 2021
Raising Price Target on Display Pricing Strength, and Resumption of Share Repurchase

Oppenheimer analysts continue to see Corning as one of the best-positioned companies to benefit in a post-COVID environment.

monitors, tv screens
monitors, tv screens

The shift to larger TV display sizes should provide Corning with larger LCD glass volume growth in a strong pricing environment.

Our analysts believe recent pricing strength in LCD display glass, Corning's resumption of share repurchases, and broad-based end market recovery will support sustained sales growth and stronger EPS growth in the next two years.

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