This morning, Goldman Sachs initiated coverage on shares of Cooper Tire (CTB) with a neutral rating as the company could face headwinds stemming from a global economic slowdown. With the neutral rating, Goldman set a price target of $25 per share.
In morning trading, shares of CTB were modestly higher, gaining 0.2%.
And Credit Suisse raised its price target on shares of Kansas City Southern (KSU) to $100 as cross boarder rail traffic is increasing. With the higher price target, Credit Suisse increased its earnings estimates and reiterated its outperform rating.
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