This PayPal Analyst Begins Coverage On A Bearish Note; Here Are Top 5 Initiations For Wednesday

Shares of aerospace and defense companies are trading lower. Reports suggest that Deputy Defense Secretary Steve Feinberg signed a memo proposing a software tool that would give the government direct access to defense companies' financial systems, potentially impeding commercial and nontraditional firms from doing business with the Pentagon.

Honeywell Aerospace Stock Upgraded to Overweight Following Sell-Off

Morgan Stanley analyst Kristine Liwag upgraded Honeywell Aerospace to Overweight from Equal-weight on Wednesday, maintaining a $205 price target.

This Ciena Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday

Wall Street analysts changed outlook on top names. See upgrades, downgrades and initiations on analyst ratings page. Analysts view on HONA stock.

Honeywell Aerospace shares are trading higher after Morgan Stanley upgraded the stock from Equal-Weight to Overweight.

Reported Earlier, 'TikTok Backs Out of House Meeting to Avoid Kids Safety Questions' - Bloomberg

https://www.bloomberg.com/news/articles/2026-09-02/tiktok-backs-out-of-house-meeting-to-avoid-kids-safety-questions

Company News for Sep 1, 2026

Pinterest shares fell 6.4% following CFO Julia Brau Donnelly's announcement to leave by end of October. Apple declined 0.9% after its App Store leader stepped down. CrowdStrike rose 5.8% on new Falcon IQ solution launch and partnerships. SAIC gained 1.8% after beating earnings estimates with $3.01 adjusted EPS versus $2.25 consensus.