Stocks making the biggest moves premarket: Foot Locker, Nordstrom, Gap, Zoom Video & more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Foot Locker and Nordstrom gain on strong earnings while Zoom Video gets initiated with an 'outperform' rating.

— An analyst at Evercore ISI upgraded Victoria's Secret parent company to "in line" from "underperform." The analyst pointed to the "undeniable" outperformance of L Brands' Bath & Body Works franchise, which is now on track to make nearly $2 billion in EBITDA this year.— Alibaba's U.S.-listed shares were initiated with an "outperform" rating and a $231 price target by an analyst at Macquarie.

" The analyst said Uber's fundamentals are "showing signs of sustainable improvement while valuation now offers a more reasonable entry point."— SVB Leerink reinitiated coverage of the pharmaceutical giant with an "outperform" rating and a $57 per-share-price target. "We believe the focused strategy has established AstraZeneca as a best-in-class biopharmaceutical company, and expect this momentum to continue," according to the analyst.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves after hours: Nordstrom, Williams-Sonoma, Pure Storage and moreStocks making the biggest moves after hours: Nordstrom, Williams-Sonoma, Pure Storage & more
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: Target, Lowe's, Boeing, Alibaba, J&J & moreTarget and Lowe's jump on better-than-expected earnings, while an analyst upgrades Canopy Growth.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: TD Ameritrade, KLA, Sonos, Macy's, RH & moreSonos reported higher-than-expected Q4 revenue and sales earlier today. This comes after the company announced its acquisition of voice assistant startup Snips yesterday.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: TD Ameritrade, L Brands, Anaplan, La-Z-Boy & moreCheck out the companies making headlines in midday trading:
Source: CNBC - 🏆 12. / 72 Read more »