Cooper Industries PLC (CBE) Hits New 52-Week High at $68.60

http://www.americanbankingnews.com/2011/04/01/cooper-industries-plc-cbe-hits-new-52-week-high-at-68-60/
Shares of Cooper Industries PLC (CBE) hit a new 52-week high on Friday. The stock traded as high as $68.60 during mid-day trading and last traded at $68.49. The stock previously closed at $64.90.

Separately, analysts at Deutsche Bank (NYSE: DB) downgraded shares of Cooper Industries PLC from a “buy” rating to a “hold” rating in a research note to investors on Thursday. They now have a $69.00 price target on the stock. Also, analysts at Goldman Sachs (NYSE: GS) reiterated a “neutral” rating on shares of Cooper Industries PLC in a research note to investors on Wednesday.