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March 19, 2013
06:59 EDTGT, CTBGoodyear Tire remains a favorite name in tires, says Goldman
Goldman remains positive on the Tire & Rubber sector and expects income growth to be driven by increased replacement volumes and lower input costs. The firm's checks indicate price/mix headwinds are less severe than initial expectations and lower raw materials costs should offset the impact. The analyst's favorite name remains Buy rated Goodyear tire.
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