BNP Paribas Exane analyst James Picariello downgraded Goodyear Tire (GT) to Neutral from Outperform with a price target of $9, down from $15. Q2 results were challenged and the inflection will “likely take longer than expected,” says the analyst, who “would not be buyers of the shares’ weakness.”
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GT:
- Closing Bell Movers: Expedia, TripAdvisor jump on Q2 earnings beats
- Goodyear Tire reports Q2 adjusted EPS (17c), consensus 14c
- “Everything Seems to be Changing in the Car Business”: Ford Stock (NYSE:F) Notches Up, Considering Future of the Car Industry
- 3 “Strong Buy” Value Stocks to Buy Now, 7/30/2025, According to Analysts
- Is GT a Buy, Before Earnings?