Goodyear Shares Slip 10 per cent

Shares in Goodyear Tire & Rubber have dropped 10 per cent after a Deutsche Bank analyst gave the company a “sell” rating. The analyst suggested that the share’s value had increased to the point that it could no longer be sustained. Although many news sources have reported the news, one business website, Motley Fool, ran an article suggesting that this was just “another reason why investors ought not consider analyst recommendations.” The story goes on to highlight how Deutsche bank has applied the range of ratings to Goodyear and not once “correctly called the stock’s performance.”