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Fly News Breaks for January 31, 2018
CTB
Jan 31, 2018 | 07:59 EDT
Longbow analyst Anthony Deem initiated Cooper Tire with a Buy and $50 price target driven by substantial earnings potential. Deem said Americas segment operating income has strong upside potential from conservative volume and price/mix versus raw material expectations and said tax reform does not appear to be fully reflected in shares.
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