Today's Morning Movers and Top Ratings: TGT, TJX, AXP, AAP and More.

$Target(TGT.US)$ stock soared over 13% after the big-box retailer easily beat quarterly earnings estimates, as purchases in high-frequency categories helped prop up weaker customer spending.

$JD.com(JD.US)$ stock rose 4.9% after the Chinese e-commerce giant posted a surge in quarterly profit as supply chain challenges eased. Earnings per share of RMB6.70 topped the analyst estimate of RMB5.90. However, the quarterly revenue of RMB247.7 billion ($34.2 billion) was slightly below the consensus estimate of RMB247.58 billion.

$VF Corp(VFC.US)$ stock rose 3.7% after JPMorgan upgraded its stance on the apparel company to ‘neutral’ from ‘underweight’, citing an expected turnaround in profitability within the next 12 to 18 months.

$Wix.com(WIX.US)$ stock rose 2.7% after Barclays upgraded the web developer to ‘overweight’ from ‘equal weight’, saying its partner program is scaling effectively in a market with few strong competitors.

$Advance Auto Parts(AAP.US)$ stock fell 1.5% after the car parts provider posted mixed third quarter results, while lowering its FY guidance, announcing a new CFO, and initiating separate sale processes for its Worldpac and Canadian businesses.

$TJX Companies(TJX.US)$ stock fell 1.6% after the off-price retailer disappointed with ts holiday quarter guidance even as it beat third-quarter expectations on both the top and bottom lines. The company reported third quarter EPS of $1.03, $0.04 better than the analyst estimate of $0.99. Revenue for the quarter came in at $13.3B versus the consensus estimate of $13.05B.

$XPeng(XPEV.US)$ stock fell 0.9% after the Chinese electric vehicle manufacturer's operating loss widened on costs tied to its increased production plans.