Recommendation For Goodyear Shares Also

Deutsche Bank analysts have upgraded Goodyear shares from “Market Perform” to “Buy”. They are of the opinion that Goodyear has made significant progress in reforming its cost structure and this, coupled with lower raw material prices, will mean much better-than-expected profits. The analysts also believe that Goodyear can capture many Firestone dealers in February next year, when their contracts with Firestone expire.