Today's Pre-Market Stock Movers and Top Ratings: ARM, MU, PYPL, LMT and More

$Micron Technology (MU.US)$ stock rose 1.9% after Deutsche Bank upgraded its rating on the tech company stock to ‘buy’ from ‘hold’, expecting it to benefit from renewed strength in a key line of random access memory chips.

$CCC Intelligent Solutions Holdings (CCCS.US)$ stock rose 5% after Reuters reported that private equity firm Advent International is considering a sale of the auto software provider.

$DoorDash (DASH.US)$ stock rose 1.5% after Mizuho upgraded the online food delivery company to 'buy' from 'neutral', saying its growth should exceed consensus.

$Arm Holdings (ARM.US)$ stock fell 2.7%, continuing the company's volatile ride since its float last week. While the stock also fell 4.5% on Friday, it's still considerably above its listing price.

$Disney (DIS.US)$ stock rose 0.4% after Raymond James started coverage of the entertainment giant with an 'outperform' rating, saying the company's strong asset portfolio will help support a steady push toward streaming.

$Ford Motor (F.US)$ stock fell 0.4% while General Motors (NYSE:GM) stock rose 0.1% with negotiators set to resume talks aimed at ending the United Auto Workers strike which has halted production at three plants in Michigan, Ohio and Missouri.

$Dropbox (DBX.US)$ stock fell 2.3% after William Blair downgraded its stance on the online storage platform to 'market perform' from 'outperform', citing "lackluster organic revenue growth prospects in 2024."

$Arm Holdings (ARM.US)$ initiated at Underperform by Bernstein, announced target price at $46.

$Southern Copper (SCCO.US)$ initiated at Hold by Jefferies, announced target price at $91.

$Lockheed Martin (LMT.US)$ was upgraded by Wells Fargo from Underweight to Equal-Weight, increased target price to $440.

$Planet Fitness (PLNT.US)$ was downgraded by Jefferies from Buy to Hold, decreased target price from $90 to $56.