Cooper Tire & Rubber Hits 52-Week High on Upgrade

Shares of Cooper Tire & Rubber (CTB) were rising by 4.59% to $43.25 on Tuesday morning, reaching a 52-week high, after JPMorgan upgraded its rating on the stock to "overweight" from "neutral."

The rating change comes as the firm said it believes the company's long-term margins will improve beyond analysts' expectations.

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