Morgan Stanley Maintains Overweight Rating on Cooper Tire & Rubber

A report from Morgan Stanley reiterates its Overweight rating on Cooper Tire & Rubber

. The report states, “After the company's big 2Q miss and low expectations going into the quarter, we believe this result will be viewed with relief. We like that CTB outperformed the market in 3Q. We will look for more color on pricing trends and higher manufacturing costs on the call." CTB closed Friday at $14.33.