Goodyear Tire Surges (GT, BAC)

Shares of Goodyear Tire GT are surging today on the heels of an analyst upgrade. Shares are up $1.06, or 10.11%, to $11.54 after Bank of America BAC analyst John Murphy upgraded the stock to "buy" from "underperform". The analyst believes the tire maker's valuation is attractive after a 20% decline year-to-date. The move higher has come on heavy volume, with more than 6.7 million shares already traded versus the three-month daily average of 4.2 million shares.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorUpgradesIntraday UpdateAnalyst RatingsMoversBank of AmericaConsumer DiscretionaryFinancialsOther Diversified Financial ServicesTires & Rubber
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!