Citigroup Made the Right Call, Corning 4.4% Lower

Local News
3.8K
66 views
  • About
  • Add to
"A week ago, Citigroup downgraded Corning from Buy to Hold. Corning stocks closed at $22.35, a 4.4% loss over the course of one week.There is potential upside of 10.2% in shares of Corning based on a current price of $22.38 and an average consensus analyst price target of $24.67. The stock should find initial support at its 50-day moving average (MA) of $20.11 and further support at its 200-day MA of $18.30."

0 comments