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Stock impact report

Goodyear (GT) Set to Benefit From Favorable Replacement Tire Market Potential [Yahoo! Finance]

The Goodyear Tire & Rubber Company (GT) 
Last the goodyear tire & rubber company earnings: 4/30 07:15 am Check Earnings Report
US:NYSE Investor Relations: goodyear.com
Company Research Source: Yahoo! Finance
As of January 29 closing, Goodyear Tire & Rubber (NASDAQ:GT) carried moderately bullish consensus views. Out of 5 analysts who provided coverage on the stock, 3 assigned Buy ratings and 1 gave a Hold call. With just 1 Sell call, it has a median 1-year price target of $10.26, which results in almost 7% upside potential. Copyright: baranq / 123RF Stock Photo On January 22, Edison Yu from Deutsche Bank maintained his Buy rating on Goodyear Tire & Rubber (NASDAQ:GT), prior to the upcoming quarterly earnings announcement. He assigned a price target of $12, which results in an upside potential of almost 25%. Yu anticipates strong potential for Goodyear in the replacement tire market, as the long-awaited low-cost inventory digestion has kicked in at retailers. He also projects stronger-than-expected results from the company despite a meager 4% reduction in tire volumes, in line with guidance. Goodyear Tire & Rubber (NASDAQ:GT) is a global manufacturer and seller of tires and related Show less Read more
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