TD Cowen raised the firm’s price target on Goodyear Tire (GT) to $15 from $14 and keeps a Buy rating on the shares following Goodyear’s Q1 results, which were slightly ahead of estimates with 2025 guidance confirmed. The firm, which lifted earnings estimates, sees three catalysts from here: Goodyear executing towards an expected earnings inflection in the second half; Potential tariff-related tailwinds; and an uptick in first replacement sales in 2026 and later.
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Read More on GT:
- Goodyear Reports Q1 2025 Results and Strategic Moves
- Goodyear’s Earnings Call: Strategic Gains Amid Challenges
- Goodyear Tire’s Mixed Financial Performance and Cautious Outlook Lead to Hold Rating
- Goodyear Sells Dunlop Rights to Sumitomo for $735M
- Goodyear Tire reports Q1 adjusted EPS (4c), consensus (2c)
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