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Fly News Breaks for November 16, 2016
CTB
Nov 16, 2016 | 08:04 EDT
KeyBanc analyst Brett Hoselton resumes coverage of Cooper Tire with an Overweight rating. The analyst says that the company's structural margins have improved, and he expects it to benefit from several positive industry catalysts. Hoselton believes that the company's guidance is conservative, and he thinks the stock will be supported by takeover "chatter." Hoselton identifies the stock as his "key tire stock idea." Target to $45 from $43.
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