Zacks Initiates Coverage of Cooper-Standard With Neutral Recommendation

The research report highlights several key factors that could drive Cooper-Standard's growth. The transition to a product line management structure is expected to streamline operations and improve profitability. This restructuring is anticipated to save $20-$25 million in 2024 and $40-$45 million annually from 2025, driving the EBITDA margin to double digits by the end of 2025. Zacks Investment Research has initiated the coverage of Cooper-Standard Holdings Inc. (CPS) , assigning a "Neutral" recommendation ...