GE Aviation Upgraded, Amex Downgraded: Top Wall Street Analysts Call in

TD Cowen willGeneral Electric Aerospace Inc (GE) was upgraded to Buy from Hold and the price target was raised to $180 from $175. After the spin-off, more than 50% of the company's sales and 75% of its profits came from the commercial aerospace aftermarket, which is the highest in its coverage area, the company said.

Goldman Sachs willMolson Coors (TAP) was upgraded to Buy from Neutral and the price target was raised to $75 from $66. Based on feedback from associates of the company's beer distributors, it has "gradual upgrades" on Molson Coors and Constellation Brands (STZ) and a gradual downgrade on Boston Beer (SAM).

Wolfe Research willAmerican Steel Company (U).S. Steel ) was upgraded to Outperform from Peer Perform with a $46 price target.

Wells Fargo willDigital Realty (DLR) to Overweight from Equal Weight, with a price target raised to $155 from $135. The firm sees multiple catalysts for the company, including rising lease volume, development yields above 10%, and an increase in the company's 2024 guidance.

After meeting with the management of Koon, JPMorgan Chase has decided that the Government will not be able to provide the necessary support to the Government.American Eagle (AEO) to 'Hold' from 'Neutral' with a $31 price target. JPMorgan believes that American Eagle is one of the most undervalued assets in the group relative to fair value, given that it is on track to deliver revenue growth of 3%-5% and an adjusted EBITDA margin of 10% in FY2026.