Goodyear Tire & Rubber Co.

J.P. Morgan, citing 1Q numbers and an improved outlook, has raised its price target from $17 to $21 on Goodyear (NYSE: GT). Says J.P. Morgan, in the report, “We revise our 2011e EPS to $1.20 (vs. $0.32 earlier) mainly on 1Q beat and improved outlook on price/mix vs. raws spread (revised model...

According to Morgan Stanley, Goodyear Tire & Rubber Company's (NYSE: GT) analyst day was supportive of the Overweight thesis. Morgan Stanley reported that its estimates remain mostly unchanged following a positive Analyst Day. “We reiterate our OW rating and $20 PT. Management presentations...

In a report published by Deutsche Bank, it felt that there were two main positive takeaways from Goodyear Tire & Rubber (NYSE: GT) Analyst Day in New York City. Deutsche Bank said that there were bullish takeaways from the analyst meeting. “1) Secular trends within the tire industry are...

Citi has raised Goodyear Tire & Rubber Co's (NYSE: GT) from $19.00 to $21.00 following their 2011 Investor Day. In the report Citi writes, "Goodyear's highly-anticipated 2011 Investor Day was highlighted by the unveiling of better-than expected 2013 earnings targets. Though GT shares slipped 2...

Goldman Sachs has raised the Price Target on Goodyear Tire & Rubber Co. from $16.00 to $18.00. According to the report, "Following Goodyear's investor day, we are raising our 2012/2013 EPS estimates to $2.10 and $2.76 from $1.94 and $2.25, previously, to reflect the following factors: 1)...

Deutsche Bank, which raised its PT on shares of Goodyear Tire & Rubber Co. (NYSE: GT), is providing some color on the company. “We see structural changes supporting profitability for all North American tire companies,” Deutsche Bank writes. “Based on data from Modern Tire Dealer, we estimate...

According to a new report, Goldman Sachs has raised the Price Target of Goodyear Tire & Rubber (NYSE: GT) from $14 to $16. Goldman Sachs notes, “Overall, we saw the 4Q10 results as positive with significant price increases holding and a better cost performance than we had modeled. We believe GT...

Goodyear Tire & Rubber Co. (NYSE: GT) reported an unexpected 4th quarter profit on Thursday, causing its shares to climb nearly 5% in morning trading. Goodyear Tire & Rubber Co. reported earnings of $107 million, or 44 cents per share, up from a loss of $330 million, or $1.37 per share for...