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Stocks making the biggest premarket moves: Ferrari, Apple, KB Home and more

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These are the stocks posting the largest moves in the premarket Monday.

Signs are posted in front of homes under construction at a KB Home housing development on January 12, 2022 in Novato, California.

— Shares of the luxury automaker rose less than 1% early Monday after Morgan Stanley analyst Adam Jonas named it a top pick, replacing Tesla. In a note to clients, Jonas cited Ferrari's backlog and pricing power as reasons to raise his price target on the stock by more than 10%.

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