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This stock to ride ultrahigh def TV sales: Analyst

Sharp television sets
Rick Wilking | Reuters
Sharp television sets

For all the hype about sapphire glass, Corning's Gorilla Glass still rules smartphone screens, and the company's Iris Glass could soon dominate flat-screen TVs, a JPMorgan analyst said in a report Thursday.

JPMorgan upgraded Corning to "overweight" from "neutral" and increased its price target to $26, citing "increased ultrahigh definition momentum."