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Goodyear's Cash Flow Drives Deutsche's Upgrade To Buy
Tuesday, September 6, 2016 - 1:57pm | 361Deutsche Bank analysts Rod Lache, Patrick Nolan and Mike Levin believe Goodyear Tire & Rubber Co (NASDAQ: GT) stands to gain after completing its balance sheet repair. Therefore, the analysts expect cash flow to drive the valuation in the upcoming period. The lead analyst has not only upgraded...
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UPDATE: Deutsche Bank Raises PT on Tenneco on Potential Margin Growth
Wednesday, July 31, 2013 - 11:52am | 118In a report published Wednesday, Deutsche Bank analyst Patrick Nolan maintained a Buy rating on Tenneco (NYSE: TEN) and raised the price target from $51.00 to $52.00 . In the report, Deutsche Bank stated, "Our Buy recommendation is based on our belief that Tenneco's margins will improve in 2H'...
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UPDATE: Deutsche Bank Downgrades Dana Holding on Valuation
Monday, July 8, 2013 - 10:14am | 133In a report published Monday, Deutsche Bank analyst Patrick Nolan downgraded the rating on Dana Holding (NYSE: DAN) from Buy to Hold, but reiterated the $22.00 price target. In the report, Deutsche Bank noted, “Dana now trades within 5% of our $22 price target. Our target is based on a 5.5x EV/...