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Analysts’ Opinions Are Mixed on These Materials Stocks: Southern Copper (SCCO) and Corning (GLW)

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Southern Copper (SCCOResearch Report) and Corning (GLWResearch Report).

Southern Copper (SCCO)

In a report released yesterday, Alexander Hacking from Citi maintained a Sell rating on Southern Copper, with a price target of $64.00. The company’s shares closed last Tuesday at $71.25.

According to TipRanks.com, Hacking is a 5-star analyst with an average return of 18.1% and a 58.2% success rate. Hacking covers the Basic Materials sector, focusing on stocks such as GrafTech International, United States Steel, and Cleveland-Cliffs.

Southern Copper has an analyst consensus of Moderate Sell, with a price target consensus of $68.08.

See the top stocks recommended by analysts >>

Corning (GLW)

In a report released yesterday, Wamsi Mohan from Bank of America Securities reiterated a Buy rating on Corning, with a price target of $32.00. The company’s shares closed last Tuesday at $26.86.

According to TipRanks.com, Mohan is a 5-star analyst with an average return of 7.4% and a 53.4% success rate. Mohan covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and DigitalOcean Holdings.

Corning has an analyst consensus of Strong Buy, with a price target consensus of $37.33.

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