Goodyear (GT) shares have plunged nearly 20% since reporting a Q2 adjusted loss and sharper-than-expected sales drop, hit by US' auto tariffs. Analysts cut targets-BNP to $9 (Neutral), Deutsche to $12 (Buy)-but retail sentiment remained bullish. Average target of $12.17 implied 47% upside. Goodyear warned of lower 2025 output at its Polish unit, citing reduced orders.
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03:22 pm on
13 Aug