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Today's Pre-Market Stock Movers And Top Ratings: ROKU, ATVI, SPWR, CVNA and More

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Movers and Shakers wrote a column · Jul 12, 2023 07:57
Pre-Market Stock Movers
Gapping up
$Roku Inc(ROKU.US)$ +2.08% (The streaming provider climbed 2% before the opening bell. A day earlier, the company announced a partnership with Shopify to allow purchases straight from Roku TV.)
$Beyond Meat(BYND.US)$ +3.56% (The plant based meat alternative added 3% on Wednesday morning. The company said Tuesday that its steak product would expand to be now be sold at roughly 14,000 stores across the U.S., including Whole Foods and Wegmans. Beyond Meat shares popped 4% in the previous session.)
$SunPower(SPWR.US)$+9.77% (The solar power company soared nearly 9% in premarket trading after an upgrade from Raymond James, which said the Stock's recent weakness is “excessive.”)
$Carvana(CVNA.US)$+3.46% (The car retailer climbed roughly 3% after an upgrade from JMP to outperform Wednesday morning, with analyst Nicholas Jones noting the company could be on the cusp of a return to growth thanks to “durable positive” EBITDA.)
$Netflix(NFLX.US)$ +1.29% (The streaming giant added 1.3% Wednesday morning after UBS increased its price target on Netflix to $525 per share, implying upside of nearly 20%. Netflix will report quarterly results on July 19.)
$Holley(HLLY.US)$ +15.23% (The auto parts company soared more than 15% after an upgrade to buy from Bank of America, citing improving sales momentum and better sourcing. JPMorgan Chase upgrades shares to overweight from neutral.)
$Stellantis NV(STLA.US)$ +2.39% (The vehicle manufacturer gained 2% after an upgrade to buy from Bank of America, which said the company could benefit against peers thanks to ample exposure to the U.S.)
Source: CNBC
US Top Rating Updates on 7/12
Today's Pre-Market Stock Movers And Top Ratings: ROKU, ATVI, SPWR, CVNA and More
$Jack Henry & Associates(JKHY.US)$ initiated at Neutral by Goldman Sachs, announced target price at $173.
$nCino(NCNO.US)$ initiated at Neutral by Goldman Sachs, announced target price at $32.
$Lazard(LAZ.US)$ was upgraded by Morgan Stanley from Equal-Weight to Overweight, increased target price from $36 to $43.
$Jefferies Financial(JEF.US)$ was upgraded by Morgan Stanley from Underweight to Equal-Weight, increased target price from $27 to $36.
$Coinbase(COIN.US)$ was downgraded by Atlantic Equities from Overweight to Neutral, decreased target price from $70 to $80.
$Activision Blizzard(ATVI.US)$ was downgraded by Stifel from Buy to Hold, decreased target price from $88 to $95.
Source: Dow Jones
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. The content should not be relied on as advice or recommendation.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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