Today's Morning Movers and Top Ratings: GS, TSLA, CSCO, CRM and More

$Goldman Sachs(GS.US)$ Shares of Goldman Sachs surged 3.3% in premarket trading following the company's earnings report, which exceeded Wall Street's first-quarter expectations. The firm reported earnings of $11.58 per share on revenue of $14.21 billion, surpassing analysts' predictions of $8.56 per share and revenue of $12.92 billion, thanks to the strong performance of its trading and investment banking sectors.

$Masimo(MASI.US)$ The health tech company's stock increased by more than 2% after receiving an upgrade from hold to buy at Stifel. Analyst Rick Wise cited the potential for share price appreciation, highlighting the company's business improvement and opportunities for gross margin expansion as key drivers.

$Medical Properties Trust Inc(MPW.US)$ The real estate investment trust's shares soared 14% upon announcing the sale of its majority interests in five Utah hospitals to a new joint venture, in a deal valued at $886 million.

$Coupang(CPNG.US)$ The South Korea-based e-commerce company's stock climbed 2% after receiving an upgrade to buy from neutral at Citi. The bank cited potential for margin expansion as Coupang increases its subscription fees, with expectations of minimal customer resistance due to its excellent delivery service.

$Lockheed Martin(LMT.US)$ Shares of the aerospace and defense company gained nearly 2% following an upgrade to overweight at JPMorgan. Despite underperformance this year, the bank expects a brighter outlook as the company benefits from supplemental funding related to overseas geopolitical events.

$Cisco(CSCO.US)$ The tech giant's shares added 2% after an upgrade to buy from neutral at Bank of America. Analyst Tal Liani believes there is potential growth for the stock, driven by the security and networking sectors, and Cisco's recent acquisition of Splunk.

$Coty Inc(COTY.US)$ The beauty products company's shares increased by 1.3% following Canaccord Genuity's initiation of coverage with a buy rating, highlighting Coty's significant growth opportunities and strong consumer brands.

$Snap One(SNPO.US)$ Shares of the smart living products provider surged 30% after announcing it would be acquired by home automation company Resideo Technologies for $10.75 per share in cash, valuing the deal at approximately $1.4 billion, including net debt. Resideo shares also jumped 5% in response to the acquisition news.

$Logitech International(LOGI.US)$ Shares retracted by about 2% after Morgan Stanley downgraded the stock to underweight. Analyst Erik Woodring expressed concerns that the market is misjudging Logitech's future, predicting only a 3% annual revenue growth through fiscal year 2027.

$Salesforce(CRM.US)$ The company's shares fell nearly 3% in premarket trading amidst reports that Salesforce is in advanced talks to acquire Informatica, a data management company.

$Charles Schwab(SCHW.US)$ The online brokerage's shares dropped 1% after reporting mixed first-quarter results. Earnings matched the estimate at 74 cents, while revenue slightly exceeded the consensus forecast at $4.74 billion.

$Tesla(TSLA.US)$ Shares of the electric vehicle maker declined by 1% after reports surfaced of an internal memo indicating plans to reduce more than 10% of its global workforce. CEO Elon Musk emphasized the importance of cost reductions and productivity increases in preparation for the company's next growth phase.