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

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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.

 

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