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Fly News Breaks for July 26, 2016
CTB
Jul 26, 2016 | 09:23 EDT
Northcoast analyst Nick Mitchell upgraded Cooper Tire to Buy with a $37 price target. The analyst's research indicates domestic pricing trends are holding up better than expected, the ongoing expansion of the U.S. car parc and favorable miles driven trends should support intermediate-term volume growth, increasing conviction management can effectively manage through headwinds from TBR tariff, and views valuation as attractive.
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