From Yahoo Finance: 2025-03-31 16:16:00

Goodyear Tire & Rubber Co. could benefit from Trump’s tariffs on car imports as most US demand comes from domestic manufacturers. Deutsche Bank upgraded Goodyear to buy, citing resilience to sales impact and potential for higher margin tire sales. Stock rose 5.1% but is down 30% from peak. Deutsche Bank notes Goodyear’s cost-cutting progress, recent business sales, and future gains. Analyst maintains $13 price target, with stock currently at $9.24. Stock has five buys, five holds, and zero sell ratings. Company on track to achieve $1.5 billion cost savings by 2026.



Read more at Yahoo Finance: Goodyear Seen as a Winner in Trump’s Tariff War, Deutsche Bank Says