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Fly News Breaks for January 16, 2019
GT, CTB
Jan 16, 2019 | 04:53 EDT
B. Riley FBR analyst Christopher Van Horn views the selloff yesterday in shares of Cooper Tire & Rubber (CTB) as an "unusually attractive" buying opportunity. The warning from Goodyear Tire (GT) is not indicative of Cooper Tire's fundamentals, Van Horn tells investors in a research note. He keeps a Buy rating on the shares with a $40 price target.
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