Analysts Offer Insights on Technology Companies: Adtran (NASDAQ: ADTN) and Corning Inc (NYSE: GLW)

By Jason Carr

Analysts fell to the sidelines weighing in on Adtran (NASDAQ: ADTN) and Corning Inc (NYSE: GLW) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

Adtran (NASDAQ: ADTN)

Jefferies analyst George Notter reiterated a Hold rating on Adtran (NASDAQ: ADTN) yesterday and set a price target of $20.50. The company’s shares closed yesterday at $19.80.

According to TipRanks.com, Notter is a 4-star analyst with an average return of 7.6% and a 54.5% success rate. Notter covers the Technology sector, focusing on stocks such as Comtech Telecommunications, Hewlett Packard Enterprise, and Interxion Holding NV.

Adtran has an analyst consensus of Hold, with a price target consensus of $20.50.

Corning Inc (NYSE: GLW)

Jefferies analyst Howard Lau reiterated a Hold rating on Corning Inc (NYSE: GLW) yesterday and set a price target of $24.50. The company’s shares closed yesterday at $26.86.

According to TipRanks.com, Lau is ranked #3280 out of 4559 analysts.

Corning Inc has an analyst consensus of Hold, with a price target consensus of $21.25.

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