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Fly News Breaks for May 4, 2015
CTB
May 4, 2015 | 08:33 EDT
FBR Capital believes Cooper Tire's long-term strategy is unchanged and that the company's international opportunity remains "strong" following the weaker than expected Q1 results. The firm recommends using the recent pullback in shares as a buying opportunity. It keeps an Outperform rating on the stock with a $48 price target.
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