BUZZ-Corning rises on upbeat Q1 revenue and profit forecast

** Shares of specialty glass maker Corning GLW.N rise 5.9% to $54.27 premarket

** GLW sees Q1 rev of $3.60 bln, compared with ests of $3.53 bln - LSEG data

** Co expects Q1 adj EPS between 48 cents and 52 cents, with mid-point above analysts' ests of 48 cents

** GLW results benefit from higher demand for its optical fiber which has been boosted by increased adoption of AI technologies by consumers and enterprises

** Co posts Q4 rev of $3.87 bln, compared with ests of $3.76 bln

** 10 of 16 brokerages rate the stock "buy" and 6 "hold"; their median PT is $54 - LSEG

** In 2024, GLW stock rose 56.1%