Cooper-Standard Holdings (CPS) Tops Q2 EPS by 61c

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Jefferies Raises Price Target on Cooper-standard Holdings (CPS) Following 2Q

August 1, 2016 8:25 AM EDT

Jefferies reiterated a Buy rating on Cooper-Standard Holdings Inc. (NYSE: CPS), and raised the price target to $105.00 (from $96.00), following the company's 2Q earnings report. CPS' EBITDA margin of 12.3% benefited from ongoing material and overhead reductions in fuel and brake delivery and fluid transfer system... More