The Carnival Miracle cruise ship operated by Carnival Cruise Line is docked at Pier 27 in San Francisco, Sept. 30, 2022.<\/p>\n
Justin Sullivan | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n
Check out the companies making headlines before the bell:<\/em><\/p>\n Carnival<\/a><\/span><\/span><\/span>, Royal Caribbean<\/a><\/span><\/span><\/span>\u2014 The cruise lines both gained about 2% after being upgraded by Truist. The Wall Street firm moved Royal Caribbean to buy from hold and Carnival to hold from sell, citing forward-looking trends for 2024 and 2025 that look “exceptionally strong.” Truist maintained its hold rating on Norwegian Cruise Lines, which was up more than 1% in premarket trading.<\/p>\n Deere<\/a><\/span><\/span><\/span>, CNH Industrial <\/a><\/span><\/span><\/span>\u2014 The two stocks slid in the premarket after Evercore ISI downgraded each to in-line from outperform, citing agricultural production cuts. Deere fell 1.4%, CNH declined 1.2%.<\/p>\n Starbucks<\/a><\/span><\/span><\/span> \u2014 Shares fell 1.2% after TD Cowen downgraded<\/a> the coffee giant over the “worrisome” macro backdrop in China. The firm believes slower consumer spending in China could hit share growth and affect Starbucks’ multiple.<\/p>\n CVS Health<\/a><\/span><\/span><\/span> \u2014 The pharma stock rose less than 1% after Evercore ISI upgraded CVS Health<\/a> Tuesday to outperform from in-line, saying the stock is currently attractively valued.<\/p>\n Dell Technologies<\/a><\/span><\/span><\/span> \u2014 Shares rose more than 1.2% after Daiwa Capital Markets upgraded the computer stock<\/a> to outperform from market perform. The Wall Street firm hiked its price target to $80 per share from $50, implying roughly 16% upside from Monday’s close.<\/p>\n Super Micro Computer<\/a><\/span><\/span><\/span> \u2014 The information technology stock added more than 2% after Barclays initiated coverage of Super Micro Computer on Tuesday with an overweight rating. The firm’s $327 price target represents nearly 34% upside from Monday’s close.<\/p>\n Planet Fitness<\/a><\/span><\/span><\/span> \u2014 The recent CEO shakeup at the gym franchise was a contributing factor in JPMorgan downgrading the stock to neutral<\/a> from overweight. Along with the downgrade, the firm cut its price target on Planet Fitness to $52 from $70, a move that still implies 7% upside. Shares fell about 2% premarket.<\/p>\n Rocket Lab<\/a><\/span><\/span><\/span> \u2014 The aerospace stock plunged 22% after Rocket Lab’s first launch failure<\/a> in more than two years Tuesday morning. Shares closed Monday at $5.04.<\/p>\n \u2014 CNBC’s Michelle Fox and Hakyung Kim contributed reporting<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n Source: www.cnbc.com<\/p>\n","protected":false},"excerpt":{"rendered":" The Carnival Miracle cruise ship operated by Carnival Cruise Line is docked at Pier 27 in San Francisco, Sept. 30, 2022. Justin Sullivan | Getty Images Check out the companies making headlines before the bell: Carnival, Royal Caribbean\u2014 The cruise lines both gained about 2% after being upgraded by Truist. The Wall Street firm moved…<\/p>\n","protected":false},"author":1,"featured_media":49308,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"WB4WB4WP_MODE":"","WB4WP_PAGE_SCRIPTS":"","WB4WP_PAGE_STYLES":"","WB4WP_PAGE_FONTS":"","WB4WP_PAGE_HEADER":"","WB4WP_PAGE_FOOTER":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[78],"tags":[],"class_list":["post-49307","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\n