Stocks making the biggest premarket moves: Advance Auto Parts, Icahn Enterprises, Meta, Fisker and more

Sopa Images | Lightrocket | Getty Images— Advance Auto Parts declined 2.

4% in the premarket after Atlantic Equities on Monday downgraded the stock to underweight, and cut its price target to $50. That represents about 28% downside. Analyst Sam Hudson said the firm's "ongoing weak performance as indicative of structural challenges and significant share losses."

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As investor focus shifts to EVs, analysts expect these auto stocks to soarAnalysts expect many of the EV stocks on CNBC Pro's screen to rally over 30% in the next 12 months.
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