Today's Pre-Market Stock Movers and Top Ratings: CART, WDC, DG, COTY, and More

$Goldman Sachs(GS.US)$ stock rose 0.3% after the investment bank's asset management arm raised more than $15 billion for funds that enable investors to make secondary investments in existing private equity deals.

$Coty Inc(COTY.US)$ stock rose 6.2% after the beauty company raised its raised its annual core sales forecast on the back of higher pricing and strong demand for its prestige fragrances.

$General Mills(GIS.US)$ stock rose 0.9% after the food processing group exceeded analysts' expectations for quarterly sales, as price hikes on its breakfast cereals, snack bars and pet food products helped cushion a blow from slowing demand.

$Instacart(Maplebear)(CART.US)$ stock fell 3.2%, handing back some of the 12% gains the online grocery delivery service generated in its first day of trading after a successful listing.

$Apple(AAPL.US)$ stock fell 0.2% after unions at the tech giant's French stores called for a strike on Friday and Saturday ahead of the iPhone 15 launch, demanding better pay and working conditions.

$Dollar General(DG.US)$ stock fell 1.6% after JPMorgan downgraded the budget retailer to 'underweight' from 'neutral', saying its core low-end consumer is already under significant financial stress.

$Chewy(CHWY.US)$ stock fell 1.9% after Oppenheimer downgraded the pet food retailer to 'perform' from 'outperform', expecting the “challenging backdrop to persist for at least a few more quarters.”

$IBM Corp(IBM.US)$ initiated at Outperform by RBC Capital, announced target price at $188.

$First Citizens BancShares(FCNCA.US)$ initiated at Overweight by JP Morgan, announced target price at $1850.

$Pinterest(PINS.US)$ was upgraded by Citigroup from Neutral to Buy, increased target price from $31 to $36.

$Western Digital(WDC.US)$ was upgraded by Exane BNP Paribas from Neutral to Outperform, increased target price to $58.

$Skyworks Solutions(SWKS.US)$ was downgraded by Exane BNP Paribas from Outperform to Neutral, decreased target price to $110.