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JBLU, ZG, JPM, MMM, etc.

A JetBlue Airbus A320-200 makes final approach landing at New York John F. Kennedy International Airport in the United States.

Nicola Economou | Null Photo | Getty Images

Check out the companies making the biggest moves in pre-market trading.

jetblue airlines — JetBlue Airways fell nearly 2% after Evercore ISI downgraded JetBlue Airways to underweight due to recent share price spikes and balance sheet concerns.

Jiro Group — The stock has since surged 4.7% Upgraded by Piper Sandler Neutral to overweight. Analyst Thomas Champion also raised his price target to $62 a share, suggesting a 33% gain from Monday’s closing price. One of the reasons for his appeal was the product’s optionality, new initiatives, and continuous improvement in the housing macro environment.

JP Morgan Chase — Wall Street heavyweights added 1.2% in premarket trading. Upgrade from Jeffries Buy from Hold on Tuesday. The firm also rated JPMorgan Chase as “best in class.”

US Bancorp — Shares of the Minnesota-based bank rose 2.2% after a buyback from a neutral buy by Bank of America. Analyst Ebrahim Poonawala says US Bancorp is one of the highest quality franchises in the US banking industry, with its size, earnings and strong execution expected to deliver excellent earnings growth and outperform its share price. said.

Amazon — Shares rose 0.8% as the e-commerce giant launched its long-awaited venture prime day summer sale, will continue until Wednesday. Wells Fargo also added Amazon to its signature pick list, citing rising expectations for Amazon Web Services, Prime Day revenue growth and still-favorable risk rewards.

WD-40 — Shares rose more than 5% following acquisition of lubricant and rust remover maker Report third quarter results for the fiscal year Monday after market. WD-40’s total net sales were his $141.7 million, up 15% year over year.

3M — Shares rose nearly 2% in pre-market trading after Bank of America upgraded the stock from underperforming to neutral. The bank said positive opportunities awaited 3M in connection with the settlement of the lawsuit, restructuring and the planned spin-off of its healthcare business.

Zions Bancorp, trustee — Bank stocks were under pressure on Tuesday morning after Jefferies downgraded both Zions and Trust to “not-buy” and cut earnings forecasts for both companies. Zions shares were down 1.5% in premarket trading, while Trust shares were down 1%.

Ivans Biotherapeutics — Ivans Biotherapeutics fell more than 11%. The biotech company said on Monday: Underwriting public offering pricing, $7.50 per share for 20 million shares of common stock. Total proceeds from the offering are expected to be approximately $150 million.

— CNBC’s Jesse Pound, Alex Harring, Samantha Soobin, Brian Evans, Sarah Min and Michael Bloom contributed coverage.

Summarize this content to 100 words A JetBlue Airbus A320-200 makes final approach landing at New York John F. Kennedy International Airport in the United States.Nicola Economou | Null Photo | Getty ImagesCheck out the companies making the biggest moves in pre-market trading.jetblue airlines — JetBlue Airways fell nearly 2% after Evercore ISI downgraded JetBlue Airways to underweight due to recent share price spikes and balance sheet concerns.Jiro Group — The stock has since surged 4.7% Upgraded by Piper Sandler Neutral to overweight. Analyst Thomas Champion also raised his price target to $62 a share, suggesting a 33% gain from Monday’s closing price. One of the reasons for his appeal was the product’s optionality, new initiatives, and continuous improvement in the housing macro environment.JP Morgan Chase — Wall Street heavyweights added 1.2% in premarket trading. Upgrade from Jeffries Buy from Hold on Tuesday. The firm also rated JPMorgan Chase as “best in class.”US Bancorp — Shares of the Minnesota-based bank rose 2.2% after a buyback from a neutral buy by Bank of America. Analyst Ebrahim Poonawala says US Bancorp is one of the highest quality franchises in the US banking industry, with its size, earnings and strong execution expected to deliver excellent earnings growth and outperform its share price. said.Amazon — Shares rose 0.8% as the e-commerce giant launched its long-awaited venture prime day summer sale, will continue until Wednesday. Wells Fargo also added Amazon to its signature pick list, citing rising expectations for Amazon Web Services, Prime Day revenue growth and still-favorable risk rewards.WD-40 — Shares rose more than 5% following acquisition of lubricant and rust remover maker Report third quarter results for the fiscal year Monday after market. WD-40’s total net sales were his $141.7 million, up 15% year over year.3M — Shares rose nearly 2% in pre-market trading after Bank of America upgraded the stock from underperforming to neutral. The bank said positive opportunities awaited 3M in connection with the settlement of the lawsuit, restructuring and the planned spin-off of its healthcare business.Zions Bancorp, trustee — Bank stocks were under pressure on Tuesday morning after Jefferies downgraded both Zions and Trust to “not-buy” and cut earnings forecasts for both companies. Zions shares were down 1.5% in premarket trading, while Trust shares were down 1%.Ivans Biotherapeutics — Ivans Biotherapeutics fell more than 11%. The biotech company said on Monday: Underwriting public offering pricing, $7.50 per share for 20 million shares of common stock. Total proceeds from the offering are expected to be approximately $150 million.— CNBC’s Jesse Pound, Alex Harring, Samantha Soobin, Brian Evans, Sarah Min and Michael Bloom contributed coverage.
https://www.cnbc.com/2023/07/11/stocks-making-the-biggest-premarket-moves-.html JBLU, ZG, JPM, MMM, etc.

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