TD Cowen Sticks to Its Buy Rating for GoodYear Tire (GT)
TD Cowen analyst Itay Michaeli maintained a Buy rating on GoodYear Tire today and set a price target of $10.00.
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Michaeli covers the Consumer Cyclical sector, focusing on stocks such as American Axle, BorgWarner, and Autoliv. According to TipRanks, Michaeli has an average return of -19.7% and a 40.07% success rate on recommended stocks.
In addition to TD Cowen, GoodYear Tire also received a Buy from Deutsche Bank ‘s Edison Yu in a report issued today. However, yesterday, TR | OpenAI – 4o reiterated a Hold rating on GoodYear Tire (NASDAQ: GT).
Based on GoodYear Tire’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $4.65 billion and a GAAP net loss of $2.2 billion. In comparison, last year the company earned a revenue of $4.82 billion and had a GAAP net loss of $34 million
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