![](https://emeatribune.com/wp-content/uploads/2024/04/stocks-making-the-biggest-moves-premarket-levi-strauss-intuitive-machines-wayfair-and-more.jpg)
![](https://emeatribune.com/wp-content/uploads/2024/04/stocks-making-the-biggest-moves-premarket-levi-strauss-intuitive-machines-wayfair-and-more.jpg)
![](https://image.cnbcfm.com/api/v1/image/107366067-1706571225737-gettyimages-1971086763-q1013892_n35zgg15.jpeg?v=1706571341&w=1920&h=1080)
Check out the companies making headlines before the bell. Hertz Global — The car rental stock slid nearly 5% following a downgrade to sell from neutral at Goldman Sachs. Analyst Lizzie Dove believes that investors have yet to fully price in some near-term pressures. Block — Shares of the financial services platform slipped 3% following a downgrade to underweight from equal-weight at Morgan Stanley. The firm cited “high market penetration and limited additional opportunity” as reasons for the change. Zeta Global — The stock popped 5% after Morgan Stanley upgraded the software firm to an overweight rating from equal-weight. The bank expects positive revisions to valuation and estimates going forward, citing Zeta’s near-term catalysts and “strong track record” of prudent guidance. Wayfair — The home-focused e-commerce retailer rose nearly 5% following an Evercore ISI upgrade to outperform from in line. The firm said Wayfair can gain market share amid a recovery in the home furnishing space. Levi Strauss — The company saw shares jump 8% after it topped first-quarter expectations on the top and bottom lines and lifted its full-year profit guidance. For the period, the retailer posted adjusted earnings of 26 cents per share on $1.56 billion in revenue. That surpassed the 21 cents and $1.55 billion expected by analysts polled by LSEG. Conagra Brands — Shares added more than 4% after the consumer packaged goods food company posted a fiscal third-quarter earnings and revenue beat. Conagra reported earnings of 69 cents per share on revenue of $3.03 billion, exceeding FactSet’s estimates of 65 cents per share on revenue of $3.01 billion. Lamb Weston — Shares rose nearly 1% ahead of the french-fry producer’s latest quarterly results. Analysts polled by FactSet anticipate third-quarter revenue of $1.65 billion. Intuitive Machines — The space stock soared nearly 11% after Intuitive won a NASA contract for $30 million to build a lunar terrain vehicle. The rover will be part of NASA’s Artemis moon exploration campaign. — CNBC’s Alex Haring, Sarah Min and Samantha Subin contributed reporting.
EMEA Tribune is not involved in this news article, it is taken from our partners and or from the News Agencies. Copyright and Credit go to the News Agencies, email news@emeatribune.com Follow our WhatsApp verified Channel