Today's Pre-Market Stock Movers: TSLA, COIN, NVDA, AMD and More
$ChargePoint (CHPT.US)$ +5% (Bank of America upgraded the stock to buy. The Wall Street firm called ChargePoint a best-in-class way to play the EV charging theme, highlighting the company’s scale and diversity as keys to sustainable growth.)
$Ford Motor (F.US)$ +2% ( Jefferies upgraded the stock and said the automake has a strong plan and management that can help it close the gap with rivals. The analyst also raised his price target on the shares, implying they could rally more than 30%.)
$Tesla (TSLA.US)$ +3% (On Monday, Reuters reported a private jet used by CEO Elon Musk arrived in China. Musk is expected to meet with senior Chinese officials and visit Tesla’s Shanghai plant, Reuters said. Last Thursday, Tesla and Ford announced a partnership giving Ford owners access to Tesla Superchargers.)
$Coinbase (COIN.US)$ +4% ( On Tuesday, Atlantic Equities upgraded Coinbase to overweight from neutral. Analyst Simon Clinch maintained his $70 price target, implying 23% upside from Friday's close.)
$NVIDIA (NVDA.US)$ +3.7% ( The AI semiconductor company has been soaring since its blockbuster earnings report last Wednesday.)
$Paramount Global-B (PARA.US)$ +2.4 ( The media stock rose 2.4% on Tuesday morning, extending a gain of nearly 6% from Friday. The company's majority shareholder National Amusements announced a $125 million preferred equity investment from BDT Capital Partners last week.)
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