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      Corning Stock Downgraded by J.P. Morgan Despite Price Target Increase

      Shares of Corning experienced a decline on Thursday following a downgrade by analysts at J.P. Morgan. The firm, led by analyst Samik Chatterjee, changed its rating on Corning from Overweight to Neutral as it expressed caution ahead of the company's upcoming earnings report.

      Despite the downgrade, J.P. Morgan raised its price target for Corning stock significantly, increasing it from $115 to $175. This adjustment reflects the firm's belief in the company's long-term potential, even as they adopt a more cautious stance in the short term.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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