Downgraded by Sterne Agee. In June 2013 they had GLW as a BUY at $16.50 per share. The stock is now at $17.50 and they are saying that
#1 - 2 billion share buy back
#2 - $7.5 Billion Samsung deal +
#3 - 10 year agreement with Samsung that will increase revenues by 2 BILLION PER YEAR
#4 - The affirmed guidance and says they'll beat this quarter by .01 per share
All of these things which = $1 more per share are now...... "factored into the stock"
Seriously?!?!?!?!?!?!? HAHAHAHA What kind a valuation is Sterne Agee using.