Cooper Tire sees returning to growth after a challenging 2013 In a slides presentation for its investor day presentation, the company noted that it expects to further grow cash to fund business and other uses. Also noted in the presentation is progress made in winning OE supply agreements in China.
Cooper Tire downgraded to Neutral from Buy at SunTrust SunTrust downgraded Cooper Tire to Neutral and removed it from the Top Pick list to reflect balanced risk/reward. The firm said it has been surprised by the lack of recent price increases and has a more moderated views of upside scenarios. Price target remains $46.