Today's Pre-Market Movers and Top Ratings | GOOGL, ZIM, CVS, NIO and More
Morning Movers
Gapping up
$Alphabet-A (GOOGL.US)$ shares gained 1.7% after Pivotal initiated coverage with a buy rating and a price target suggesting about 30% upside.
$NIO Inc (NIO.US)$ stock surged 4.6% following reports of increased vehicle deliveries for September and the third quarter of 2024. $Li Auto (LI.US)$ enjoyed a 3.6% gain after announcing growth in their vehicle deliveries during the same period.
$CVS Health (CVS.US)$ increased by 2.3% after reports by CNBC and Reuters about a strategic review of its business, potentially leading to a breakup.
$Anheuser-Busch Inbev (BUD.US)$ advanced 1.5% as Citi upgraded the stock to buy from neutral, pointing out improving margins and a possible $1 billion share buyback program.
$Clorox (CLX.US)$ shares rose more than 1.5% after Jefferies upgraded the stock to buy from hold, predicting an earnings upside.
$Atlassian (TEAM.US)$ increased nearly 2.7% after an upgrade to outperform by Raymond James, anticipating robust cloud growth.
$Datadog (DDOG.US)$ shares rose 1.9% following an upgrade to buy by D.A. Davidson, highlighting its status as a top contender in cloud analytics.
Gapping down
$ZIM Integrated Shipping (ZIM.US)$ saw its stock drop by 5.4% amid disruptions caused by a strike by US dockworkers, which led to the shutdown of several ports.
$Disney (DIS.US)$ shares dropped around 0.8% after a downgrade by Raymond James to market perform due to pressures on its parks segment.
$Boeing (BA.US)$ shares fell about 0.6% following a Bloomberg report that the company is considering a new stock sale to raise at least $10 billion amid cash strain from a factory worker strike.
Source: CNBC; Investing.com
US Top Rating Updates on 10/01
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RiotMaraMan : Analyeast rating ? I dont believe im analyeast forecast anymore. Their ratings are like vacuum.cleaners sucking in retail traders so that institutions can dump and take profits causing price to collapse while retail traders hope and wait their stocks recover after being sucked in.
Coach Donnie RiotMaraMan : Analysts ratings are just opinions:
102977670 RiotMaraMan : Analyst rating is just for reference; don't believe it blindly.