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CTB

Cooper Tire

$28.33

0.08 (0.28%)

08:39
10/02/18
10/02
08:39
10/02/18
08:39

Cooper Tire initiated with an Underperform at Wolfe Research

Wolfe Research initiated Cooper Tire with an Underperform and $27 price target.

  • 29

    Oct

CTB Cooper Tire
$28.33

0.08 (0.28%)

01/31/18
01/31/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Lumentum (LITE) was initiated with a Buy at UBS while Oclaro (OCLR) was initiated with a Sell. 2. ImmunoGen (IMGN) initiated with a Buy at H.C. Wainwright. 3. Salesforce (CRM) and Workday (WDAY) were initiated with a Buy at Cleveland Research. 4. Cooper Tire (CTB) was initiated with a Buy at Longbow, while Goodyear Tire (GT) was initiated with a Neutral. 5. Acacia Communications (ACIA) initiated with a Buy at UBS. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
03/13/18
LBOW
03/13/18
DOWNGRADE
LBOW
Neutral
Cooper Tire downgraded to Neutral from Buy at Longbow
03/13/18
03/13/18
DOWNGRADE

Neutral
Cooper Tire downgraded to Neutral on weaker U.S. fundamentals at Longbow
As previously reported, Longbow analyst Anthony Deem downgraded Cooper Tire to Neutral from Buy, telling investors that he's seen greater than expected price and volume pressure in the U.S. tire channel, which may be a sign for more margin suppression in 2018. Deem cut his 2018 volume estimate in the Americas to down 2.5% from flat to account for weaker than expected industry shipments and more competitive pricing and also lowered his 2018 earnings estimate for Cooper by 9%.
05/01/18
RILY
05/01/18
NO CHANGE
Target $40
RILY
Buy
Cooper Tire price target lowered to $40 from $50 at B. Riley FBR
B. Riley FBR analyst Christopher Van Horn lowered his price target for Cooper Tire & Rubber to $40 citing persistent end market challenges following the company's Q1 results. The analyst keeps a Buy rating on the shares.

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