Today's Pre-Market Stock Movers And Top Ratings: RGEN, FHN, AFRM, AXP and more

$Meta Platforms(META.US)$ +0.81% (The social media gianted in premarket trading after the launch of Threads, a direct competitor to Twitter. Meta CEO Mark Zuckerberg said on his Threads account early Thursday that 10 million people had signed up for the platform in seven hours after launching.)

$Sweetgreen(SG.US)$ +5.14% (Sweetgreen jumped more than 4% after Bank of America upgraded the stock to buy from neutral. The firm cited the salad chain’s growing foot traffic, as well as its plans to automate operations.)

$Keurig Dr Pepper(KDP.US)$ +1.57% (Keurig Dr Pepper gained after being upgraded by Morgan Stanley to overweight from equal weight.The Wall Street firm said the stock’s valuation was too low amid highly visible refreshment beverage trends.)

$JetBlue Airways(JBLU.US)$ -1.61% (JetBlue Airways declined in premarket trading after the company said it would end its partnership in the northeastern U.S. with American Airlines and focus on Spirit Airlines. )

$Bank of America(BAC.US)$ -0.52% (The bank announced that it was hiking its quarterly divided to 24 cents per share from 22 cents. The hike comes days after Bank of America said it was discussing with the Federal Reserve differences in the results between the central bank’s stress test and an internal version of the test.)

$Rapid7(RPD.US)$ initiated at neutral by UBS, announced target price at $50.00.

$Instructure Holdings(INST.US)$ initiated at buy by Keybanc, announced targe price at $32.00.

$Repligen(RGEN.US)$ was upgraded by RBC Capital from sector perform to outperform, increased target price to $156.00.

$First Horizon National(FHN.US)$ was upgraded by Raymond James from market perform to outperform, increased target price to $13.00.

$Affirm Holdings(AFRM.US)$ was downgraded by Piper Sandler from neutral to underweight, decreased target price to $11.00.

$American Express(AXP.US)$ was downgraded by Baird from outperform to neutral, decreased target price to $185.00.