The consensus estimates for Corning Incorporated’s (NYSE:GLW) earnings in 2022 have been “de-risked from TV weakness,” which began materializing in mid-2021, since panel prices are likely to bottom by mid-2022 and TV unit shipments are likely to benefit from easier compares in the second half of 2022, according to Susquehanna.
The Corning Analyst: Mehdi Hosseini upgraded Corning from Neutral to Positive and raised the price target from $38 to $50.
