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        Today's Pre-Market Stock Movers and Top Ratings: ARM, MU, PYPL, LMT and More

        Movers and Shakers wrote a column · 09/18/2023 20:33
        Pre-Market Stock Movers
        Gapping up
        $Micron Technology(MU.US)$ stock rose 1.9% after Deutsche Bank upgraded its rating on the tech company stock to ‘buy’ from ‘hold’, expecting it to benefit from renewed strength in a key line of random access memory chips.
        $CCC Intelligent Solutions Holdings(CCCS.US)$ stock rose 5% after Reuters reported that private equity firm Advent International is considering a sale of the auto software provider.
        $DoorDash(DASH.US)$ stock rose 1.5% after Mizuho upgraded the online food delivery company to 'buy' from 'neutral', saying its growth should exceed consensus.
        Gapping down
        $Arm Holdings(ARM.US)$ stock fell 2.7%, continuing the company's volatile ride since its float last week. While the stock also fell 4.5% on Friday, it's still considerably above its listing price.
        $Disney(DIS.US)$ stock rose 0.4% after Raymond James started coverage of the entertainment giant with an 'outperform' rating, saying the company's strong asset portfolio will help support a steady push toward streaming.
        $Ford Motor(F.US)$ stock fell 0.4% while General Motors (NYSE:GM) stock rose 0.1% with negotiators set to resume talks aimed at ending the United Auto Workers strike which has halted production at three plants in Michigan, Ohio and Missouri.
        $Dropbox(DBX.US)$ stock fell 2.3% after William Blair downgraded its stance on the online storage platform to 'market perform' from 'outperform', citing "lackluster organic revenue growth prospects in 2024."
        Source: CNBC;
        US Top Rating Updates on 9/18
        Today's Pre-Market Stock Movers and Top Ratings: ARM, MU, PYPL, LMT and More
        $Arm Holdings(ARM.US)$ initiated at Underperform by Bernstein, announced target price at $46.
        $Southern Copper(SCCO.US)$ initiated at Hold by Jefferies, announced target price at $91.
        $Lockheed Martin(LMT.US)$ was upgraded by Wells Fargo from Underweight to Equal-Weight, increased target price to $440.
        $Planet Fitness(PLNT.US)$ was downgraded by Jefferies from Buy to Hold, decreased target price from $90 to $56.
        Source: Dow Jones
        Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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