Northcoast downgrades GE Aviation (GE.US) rating to neutral due to valuation risks and trade policy stalemate.

Zhitan Finance App learned that the investment research institution Northcoast Research has released a report, adjusting the rating of jet engine manufacturer GE Aviation (GE.US) from "buy" to "neutral". Analyst Chris Olin of the institution pointed out that although the company's stock price has increased by 36% over the past few weeks and has exceeded the key level of $235, the current valuation level has raised cautious attitudes. Olin candidly stated in the research report that the recent surge in stock prices "seems to be closely related to the easing of global trade war concerns, the controllable impact of import tariffs on the aviation industry chain, increased transparency in commercial aircraft production, and the positive signals released by the industry in succession", but after the rapid rise, the balance between risk and return is tilting.