Today's Pre-Market Stock Movers And Top Ratings: NVDA, DHI, DFS, JPM and More
Pre-Market Stock Movers
Gapping up
(Shares of the homebuilder rose 2.2% in premarket trading after a securities filing revealed that Warren Buffett's Berkshire Hathaway has added a stake in D. R. Horton worth more than $700 million.)
(The renewable energy investment firm climbed 2.1% after Bank of America upgraded shares to buy. The firm said that Hannon Armstrong would likely benefit from Inflation Reduction Act tailwinds.)
(The artificial intelligence darling climbed 1.5% before the bell. UBS, Wells Fargo and Baird all raised their estimates for the prices they think shares will trade at in the next year. The stock rallied 7.1% on Monday, regaining ground after falling 8.6% last week.)
Gapping down
(Shares slipped 6.5% after CEO Roger Hochschild resigned. The company said board member John Owen would assume the role of interim chief executive.)
(Stock in the biotechnology company slipped 2.3% in premarket trading. Earlier on Tuesday, investment firm Piper Sandler initiated coverage of the stock with an overweight rating. Bank of America also began coverage of Turnstone on Tuesday, albeit with a buy rating.)
(The Texas-based energy stock fell 2% after a downgrade from Bank of America over a lower risk-reward skew.)
U.S. Banks — Shares of major financial firms on Wall Street including $Morgan Stanley(MS.US$ , $Jpmorgan Chase & Co(JPM-C.US)$ and $Bank of America(BAC.US$ and $Citigroup(C.US$ were all trading roughly 1% lower. CNBC reported Tuesday that Fitch Ratings may be preparing to once again downgrade the overall health of the banking sector, which the firm said could force individual downgrades on some of the nation’s top investment firms and banks.)
(Shares of the steelmaker fell more than 1% in the premarket, a day after they rallied 8.8% for their best day of 2023. The stock popped after its $7.3 billion bid to buy U.S. Steel was rejected.)
Source: CNBC
US Top Rating Updates on 8/15
$Frontline PLC(FRO.US$ initiated at Neutral by JP Morgan, announced target price at $20.
$ODDITY Tech(ODD.US$ reiterated at Barclays by Overweight, announced target price at $57.
$Redfin(RDFN.US$ was upgraded by Oppenheimer from Underperform to Outperform.
$Agiliti(AGTI.US$ was downgraded by Citigroup from Buy to Neutral, decreased target price from $20 to $13.
Source: Dow Jones
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
Moomoo Official Account
Chasing hot stocks
41KFollowers
15Following
34KVisitors
Follow
Clue : Where is featured list ?