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Stocks Making the Biggest Moves Premarket: Target, Walmart, Carrier Global and Others

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These are the stocks posting the largest moves before the bell.

– Carrier fell 2.7% in the premarket after Bank of America Securities downgraded the stock to"neutral" from"buy." The firm said it is now more bearish on the residential HVAC market following a recent industry conference and said Carrier has the highest relative exposure of its peers to that market.

– The casino operator's shares rallied 3.2% in the premarket after Jefferies upgraded the stock to"buy" from"hold," noting the current stock price only assigns minimal value to Penn's digital operation. Jefferies feels the unit could demonstrate good returns over time.

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