Today's Morning Movers and Top Ratings: ISRG, TOST, ZG, LEN and More

$Lennar Corp (LEN.US)$ The homebuilder stock added 2.1% after increasing its annual dividend by 50 cents to $2 per share. Lennar will also buyback as much $5 billion in additional stock.

$Intuitive Surgical (ISRG.US)$ The medical stock rallied 4.9% on the back of a preliminary fourth-quarter revenue report of $1.93 billion, which is above the $1.87 billion consensus estimate of analysts polled by StreetAccount. Intuitive also said that procedures using its da Vinci systems increased 21% compared with a year ago.

$Chesapeake Utilities Corp (CPK.US)$ The utility stock rose 1% following an RBC upgrade to outperform from sector perform. RBC said it believes Chesapeake management can deliver given its record of successful mergers and acquisitions.

$Toast (TOST.US)$ The restaurant-focused technology stock climbed 3.5% following an upgrade from Goldman Sachs to buy. Goldman said the market has not adequately accounted for better profitability trends expected this year.

$Howmet Aerospace (HWM.US)$ The stock advanced 1.8% on the back of two bullish Wall Street calls. Bernstein named the stock a top U.S. pick in the aerospace industry, noting that the company should be helped by higher prices, a rising share of content and strong guidance for commercial aircraft production. Truist upgraded Howmet to buy from hold, calling it one of the highest quality plays for original equipment manufacturers in commercial aerospace.

$Etsy Inc (ETSY.US)$ Shares declined by 2% after Goldman Sachs downgraded shares to neutral from buy. The firm projects a weak backdrop for the company as consumer discretionary spending tightens.

Crypto stocks – Stocks that give investors exposure to bitcoin fell in tandem with the cryptocurrency’s price after the X account of the Securities and Exchange Commission was briefly compromised and posted a false announcement late Tuesday of a bitcoin ETF approval. Crypto exchange $Coinbase (COIN.US)$ and bitcoin proxy $MicroStrategy (MSTR.US)$ were each lower by about 3% premarket.

$Dow Inc (DOW.US)$ stock fell 0.7% after Deutsche Bank downgraded the chemicals firm to hold from buy.