Nomura/Instinet downgrades Goodyear Tire & Rubber Co to 'neutral'

An analyst from Nomura/Instinet downgraded Goodyear Tire & Rubber Co (NASDAQ: GT ) from 'buy' to 'neutral' .
Prior to this rating, Goodyear Tire & Rubber Co had 3 buy ratings, 4 hold ratings, and 0 sell ratings.
For consensus analyst estimates and price targets on Goodyear Tire & Rubber Co, click here. For more news on Goodyear Tire & Rubber Co, click here.
Goodyear Tire & Rubber Co's stock price closed at $14.61. They are up 34.16% in the last month and up 25.52% in the last 12 months.
According to Investing Pro, Goodyear Tire & Rubber Co's fair value is $16.13, an upside of 10.44%. Goodyear Tire & Rubber Co's fair value comes with a medium degree of uncertainty, according to InvestingPro.
Check out Goodyear Tire & Rubber Co's recent earnings performance and financials here.

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