Today's Morning Movers and Top Ratings | BJ, SEDG, PLNT, PDD and More

$BJ's Wholesale Club Holdings (BJ.US)$ Shares rose more than 1.1% after JPMorgan upgraded the wholesaler to neutral from underweight as the company reinvests in its business and benefits from consumers trading down.

$Planet Fitness (PLNT.US)$
Shares increased by 1.15% after Baird maintained its overweight rating and added a "bullish fresh pick" designation through year-end for Planet Fitness. The firm expressed confidence in the gym chain as an attractive option in a slowing growth environment.

$Petroleo Brasileiro SA Petrobras (PBR.US)$
The Brazilian oil giant's U.S.-listed shares moved up by 2.3% following an upgrade to overweight from equal weight at Morgan Stanley, which anticipates strategy continuity with the new CEO and CFO, and the reintroduction of extraordinary dividends.

$SolarEdge Technologies (SEDG.US)$
Shares rose more than 5.5% as the company announced the immediate departure of CEO Zvi Lando. Ronen Faier, the former CFO, has been appointed as interim chief executive.

$PDD Holdings (PDD.US)$
Shares of the Temu parent company tumbled 16.9% following second-quarter results that fell short of expectations. The China-based online retailer reported revenue that did not meet FactSet estimates, and management indicated that revenue growth pressures are expected to persist due to increased competition and other challenges.

$Guardant Health (GH.US)$ shares were down approximately 6% after filing an open-market agreement to sell as much as $400 million in shares via Jefferies.