Prism Premarket Moves : American Eagle Outfitters, Ally Financial, Molson Coors Beverage and more
Take a look at the corporations gaining attention ahead of the opening bell:
— The retailer’s shares surged 4% following a promotion from JPMorgan to overweight from neutral. The firm highlighted the company’s merchandising strategies and operational shifts as the reasons for this upgrade.
— The American mining company’s shares leapt by 1.9% following an upgrade to buy from neutral by Bank of America, attributing it to the company’s substantial copper exposure.
— The brewing firm’s shares rose by 1.9% after Goldman Sachs pushed its rating from neutral to buy, stating that the company is poised to gain as it increases its presence in retail outlets.
— The shares of this financial services firm grew almost 2% after Bank of America shifted its rating to buy from neutral. The bank’s analysts predict higher than expected earnings, reduced earnings instability, and possibly underestimated credit leverage for Ally Financial.
— Shares showed a slight increase ahead of Tuesday’s Google Cloud Next event. The tech behemoth has been on a significant upswing recently, with a surge of over 14% in the last month.
— The pharmaceutical magnate’s shares edged up after Tuesday’s announcement that their respiratory syncytial virus vaccine demonstrated potential in protecting adults up to 60 years old from becoming critically ill.
