Packaging for Beyond Meat Inc.’s plant-based products Beyond Burger and Beyond Sausage are displayed at a supermarket in Katwijk, the Netherlands, November 19, 2020.
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Check out the companies making headlines in premarket trading.
Year — The streaming provider rose 2 percent ahead of the open. A day earlier, the company announced a partnership with Shopify Allows purchases directly from Roku TV.
beyond meat — Plant-based meat alternatives rose 2% Wednesday morning. The company said on Tuesday Its steak line will expand to currently sold in about 14,000 U.S. stores, including Whole Foods and Wegmans. Beyond Meat shares rose 4% in the previous session.
solar power — The solar company soared nearly 6% in premarket trading after Raymond James upgraded his rating, saying the stock’s recent weakness was “excessive.”
caravan Shares of the auto retailer were upgraded to outperform from JMP on Wednesday morning, with analyst Nicholas Jones noting that the company could be on the cusp of returning to growth thanks to “persistently positive” EBITDA.
Netflix — On Wednesday morning, UBS raised its Netflix price target to $525 a share, implying a 0.4% upside for the streaming giant, implying an upside of almost 20%. Netflix will report quarterly results on July 19.
Huali Company — Shares of the auto parts company soared more than 15% after upgrading to buy from Bank of America, citing improving sales momentum and improving purchasing conditions. JPMorgan upgraded the stock to overweight from neutral.
star — The automaker rose 2% after Bank of America upgraded it to buy, saying the company could benefit relative to peers due to its ample exposure to the U.S.
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