JPMorgan upgrades Goodyear Tire, forecasts stock can rebound 45% after massive sell-off

A screen displays Goodyear signage at an auto service location in San Francisco, California, U.S., on Wednesday, July 22, 2020.
David Paul Morris | Bloomberg | Getty Images

The massive slide for shares of Goodyear Tire & Rubber last week went too far, according to JPMorgan.