News Formal

Stocks making the biggest moves premarket: Home Depot, Kohl's, Disney, Broadcom & more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Home Depot tumbles on earnings while Alibaba's Hong Kong IPO is reportedly seeing strong demand.

— An analyst at Guggenheim downgraded MSG Networks to "sell" from "neutral," citing a "challenged negotiating position as it approaches contract renewals covering ~40% of its subscriber base." The stock fell more than 3% in light trading before the bell.

— The chipmaker was upgraded to "overweight" from "equal weight" by an analyst at Morgan Stanley. The analyst also raised his price target on Broadcom to $367 per share from $298 a share, and noted he sees "possible value creation as it extends into software and builds on a current strong position in semis."

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 UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Home Depot and Kohl's earnings, housing data: 3 things to watch for in the markets on TuesdayWe'll get earnings from retailers Home Depot and Kohl's and housing starts data on Tuesday.
Source: CNBC - 🏆 12. / 72 Read more »

Home Depot is slated to report earnings before the bell. Here's what to expectLast quarter, Home Depot trimmed its full-year revenue outlook, partially due to potential tariff impacts.
Source: CNBC - 🏆 12. / 72 Read more »