Investing / Business
Add as a preferred source on GoogleJefferies gave Corning a Buy rating and a $134 price target as shares rose slightly Wednesday afternoon.
The 93-cent estimate is 3 cents below the low end of Corning’s fourth-quarter core earnings-per-share outlook, which runs from 96 cents to $1.
Its core sales projection is $5.2 billion to $5.3 billion; the lower endpoint matches the $5.2 billion estimate, while the upper one is $100 million higher.
Jefferies gave Corning a Buy recommendation and set its price target at $134 when it began coverage on Nov. 11. Corning shares rose slightly in afternoon trading Wednesday.
Godrej said higher input costs had an approximately high-single-digit inflation impact in India and Indonesia; it will continue calibrated pricing actions for soaps and liquid detergents.
GEK TERNA reported 2025 adjusted EBITDA of €631.4 million, while the comparison's return date and calculation method were not specified.
Consolidated revenue rose 34.6% and profit increased 9.7%; the company’s standalone EBITDA margin fell to 9.0% from 9.3%.
