Morgan Stanley Initiates Coverage On Goodyear Tire & Rubber with Equal-Weight Rating, Announces Price Target of $14
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has initiated coverage on Goodyear Tire & Rubber (NASDAQ:GT) with an Equal-Weight rating and set a price target of $14.
June 13, 2024 | 9:41 am
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Morgan Stanley has initiated coverage on Goodyear Tire & Rubber with an Equal-Weight rating and set a price target of $14.
The Equal-Weight rating suggests a neutral stance, indicating that the stock is expected to perform in line with the market. The price target of $14 provides a specific valuation benchmark. This news is moderately important for investors as it provides new analyst insight but does not suggest a strong buy or sell signal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100