Cooper Tire (CTB) Tops Q1 EPS by 8c
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Jefferies Cut Price Target as Cooper Tire (CTB) Predicts a Raise in Material Costs
May 2, 2016 9:04 AM EDTJefferies maintained a Hold rating on Cooper Tire & Rubber (NYSE: CTB), and cut the price target to $37.00 (from $41.00), following the company's 1Q earnings report. CTB reported an EPS of $1.05, beating the consensus estimate of $0.97. Management forecasts a modest sequential uptick in raw... More
