Corning Stock Rises After Mizuho Upgrade Highlighting Growth Driven by Data Centers
GLWCorning(GLW) Investopedia·2024-08-22 06:30

Key TakeawaysCorning shares rose Wednesday as Mizuho analysts upgraded the stock, highlighted growth in the company's business driven by data centers, amid surging demand for artificial intelligence. A recent slip in stock's price creates an "attractive entry point" to the stock, the analysts said.Mizuho analysts said the recent pullback likely had more to do with last month's rotation out of tech stocks, as they have seen "no overall slowdown" in Corning's core business. Corning's (GLW) stock price rose We ...