Cooper Tire Teams with National Organizations for Youth Safety (NOYS) on New Campaign to Promote Teen Driver and Tire Safety

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Go back to Cooper Tire Teams with National Organizations for Youth Safety (NOYS) on New Campaign to Promote Teen Driver and Tire Safety

Jefferies Cut Price Target as Cooper Tire (CTB) Predicts a Raise in Material Costs

May 2, 2016 9:04 AM EDT

Jefferies 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