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Today's Pre-Market Stock Movers and Top Ratings: CCL, MET, ETSY, AMC and More

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Movers and Shakers wrote a column · Sep 14, 2023 07:13
Pre-Market Stock Movers
Gapping up
$AMC Entertainment(AMC.US)$ stock rose 7.3% after the cinema chain announced that it garnered about $325.5 million in new equity capital through the sale of 40 million shares.
$Etsy Inc(ETSY.US)$ stock rose 4.5% after Wolfe Research upgraded the online marketplace to 'outperform' from 'peer perform', expecting growth to improve when the economy strengthens.
$Carnival(CCL.US)$ stock rose 1.8% after Redburn upgraded its stance on the cruise operator to 'buy' from 'neutral', suggesting potential upside of over 50%.
$MetLife(MET.US)$ stock rose 0.7% after Jefferies upgraded the insurer to 'buy' from 'hold', saying the company has generated above-peer improvement in excess capital, largely on the reinsurance deal announced in May.
Gapping down
$Vital Energy(VTLE.US)$ stock fell 7% after the company signed agreements valued at about $1.17 billion to expand its acreage in the Permian Basin, the highest producing oil field in the U.S..
$HP Inc(HPQ.US)$ stock fell 2.4% after Warren Buffett's Berkshire Hathaway (NYSE:BRKa) sold about 5.5 million shares of the information technology company, according to a filing.
$Starbucks(SBUX.US)$ stock fell 0.3% after the coffee chain announced that former CEO Howard Schultz is stepping down from its board, marking his exit from leadership at the company.
Source: CNBC; Investing.com
US Top Rating Updates on 9/14
Today's Pre-Market Stock Movers and Top Ratings: CCL, MET, ETSY, AMC and More
$BJ's Wholesale Club Holdings(BJ.US)$ initiated at Outperform by TD Cowen, announced target price at $80.
$Moody's(MCO.US)$ initiated at Outperform by Wolfe Research, announced target price at $390.
$First Solar(FSLR.US)$ was upgraded by BMO Capital from Market Perform to Outperform, increased target price to $237.
$MSCI Inc(MSCI.US)$ was downgraded by Redburn Partners from Buy to Neutral, decreased target price to $554.
Source: Dow Jones
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