Wall Street Report: AmEx Downgraded and Texas Instruments Upgraded

Reported about 2 months ago

In a significant update from Wall Street analysts, American Express (AXP) has been downgraded to Neutral by BofA, citing challenges in the spending environment despite a favorable long-term view. Conversely, Texas Instruments (TXN) received a Buy upgrade from Citi due to expectations of margin recovery and substantial earnings growth potential. Other notable upgrades include Corning (GLW) and Consensus Cloud Solutions (CCSI), while downgrades also affected companies like Cogent (CCOI) and Triumph Group (TGI).

Source: YAHOO

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