BUZZ-Goodyear Tire & Rubber up after Deutsche Bank upgrades shares

Reuters
03-31
BUZZ-Goodyear Tire & Rubber up after Deutsche Bank upgrades shares

** Shares of Goodyear Tire & Rubber GT.O up 4% to $9 after Deutsche Bank hikes rating to "buy" from "hold"

** Brokerage says co has "necessary traction to achieve its targeted $1.5 bln in cost savings and margin improvement by the end of 2026"

** Maintains PT at $13, a 47% upside to stock's last close

** "The improved performance comes at a time when tariff policy could leave GT a relative winner, with most of its US demand served by domestic manufacturing and tires" - brokerage

** 5 of 11 brokerages rate the stock "buy" or higher and 6 "hold"; their median PT is $13 - LSEG data

** Including session moves, GT up nearly 1% YTD

(Reporting by Anshuman Tripathy)

((Anshuman.Tripathy@thomsonreuters.com))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10