UPDATE: Topeka Capital Markets Upgrades Corning to Buy on Strong Black Friday

by Benzinga Staff
November 27, 2012 1:54 PM | 25 seconds read

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

Topeka Capital Markets raised its rating on Corning (NYSE: GLW) to Buy from Hold. Topeka Capital Markets commented, "In light of the strong Black Friday weekend sales that we discussed yesterday and Corning's upwardly revised LCD glass outlook this morning, combined with the fact that the stock is trading below tangible book value, we are upgrading shares of Corning to Buy from Hold with a 12-month price target of $15.35. Our estimates are currently under review."Corning closed at $15.35 on Monday.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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Posted In: Analyst ColorUpgradesIntraday UpdateAnalyst RatingsTopeka Capital Markets

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