Market Insider | Biggest Moves Premarket: Stocks making the biggest moves premarket: Target, Kohl's, Uber, AMD, Tesla & more
Target — Target shares dipped about 0.8% in the
Kohl’s — Kohl’s rose 4% on the back of quarterly results that easily beat analysts’ expectations. The retailer reported earnings per share of $1.99
Uber — The ride-sharing company acknowledged in a regulatory filing the
AB InBev — An analyst at Bank of America downgraded the beer-making giant to “neutral” from “buy,” citing “near term headwinds” such as lower earnings out of Brazil and the
Advanced Micro Devices — AMD was upgraded to “overweight” from “neutral” by an analyst at Piper
Tesla — The electric car maker was upgraded to “market outperform” from “market perform” by an analyst at JMP Securities. The analyst also issued a price target of $1,060 per share, which represents a 42.5% upside from Monday’s close of $743.62 per share. “Investors may find themselves with additional near-term opportunities to buy the stock as TSLA works through the first half of 2020 and the impact of COVID-19 becomes apparent,” the analyst said.
Visa — The credit card giant warned its second-quarter revenue growth could be about 2.5 to 3.5 percentage points below its previous guidance amid pressure from the
Microchip Technology — The
—CNBC’s Michael Bloom contributed to this report.