Check out the companies making headlines before the bell: American Eagle Outfitters – Shares rose 4% after JPMorgan upgraded to overweight from neutral. The company cited the retailer's promotional initiatives and operational changes for the call. Freeport-McMoRan – Shares jumped 1.9% after Bank of America upgraded the U.S. miner to buy from neutral, saying it has “premium copper exposure.” Molson Coors – Shares rose 1.9% after Goldman Sachs upgraded the brewing company to buy, saying the company could benefit as it expands shelf space at retailers. Ally Financial – The financial services company added nearly 2% after being upgraded to buy from neutral at Bank of America. The bank's analysts believe Ally Financial may see higher-than-expected earnings, less earnings volatility, and its potential credit leverage may be underestimated. Alphabet — Shares rose slightly ahead of Tuesday's Google Cloud Next event. The tech giant has been on a tear lately, rising more than 14% in the past month. Pfizer — Shares rose slightly after the pharmaceutical giant said Tuesday that its respiratory syncytial virus (RSV) vaccine has been shown to protect adults under 60 from developing severe disease. — CNBC's Michelle Fox contributed reporting
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American Eagle Outfitters, Ally Financial, Molson Coors Beverages and more
