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Fly News Breaks for February 14, 2019
CPS
Feb 14, 2019 | 08:30 EDT
Roth Capital analyst Matt Koranda lowered his price target for Cooper-Standard to $85 from $90 ahead of Q4 results. The analyst is incorporating the 2019 outlook provided at NAIAS and lowering his Q4 estimates to reflect his expectation of 2018 results at the lower end of the company's guidance range, given sustained production volume/mix headwinds in key regions during Q4. Koranda reiterates a Buy rating on the shares.
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