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Rating: GT

Goodyear Tire & Rubber Company (NASDAQ: GT) downgraded to Hold by Standpoint Research

Wednesday,  Oct 28, 2015  11:25 AM ET by Kristen Bailey

Standpoint Research downgraded Goodyear Tire & Rubber Company (NASDAQ: GT) to
Hold. Standpoint Research rated Goodyear Tire & Rubber Company (NASDAQ: GT) to Buy with price target $36 on 05/13/2015, when the price was $30.41.

Goodyear is one of the world's largest tire companies. The company manufactures tires, engineered rubber products and chemicals in facilities in numerous countries. It has marketing operations in almost every country around the world. (Company Press Release)

Standpoint Research provides independent equity research that is free from the conflicts of asset management, investment banking, proprietary trading, and fee-for-research arrangements. We provide thorough analysis, diagnostics and forecasts on domestic and international equities and markets backed by alpha-generating variables back-tested on many years of data. Standpoint Research currently advises and sells its research to pension funds, hedge funds and asset management firms. Wall Street analysts have an optimistic bias, while we are more objective. In fact some of the variables in our model that are looked at as positives by Wall Street actually carry negative weight in our model. We have a strict discipline that includes running our proprietary 155-variable valuation and diagnostics model with a personal and subjective overlay that has been proven to add value. The effectiveness is demonstrated through our impressive track record of recommendations.

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