Monday’s Pre-Market Look: Stocks In The News Before The Open

Reynolds American (RAI) was downgraded to ‘Market Perform’ from ‘Outperform’ at Wells Fargo Securities.

Carnival Cruise Lines (CCL) was upgraded to ‘Buy’ from ‘Hold’ at Argus with a price target of $64.

Tesla (TSLA) was downgraded to ‘Sell’ from ‘Neutral’ at Goldman Sachs with a price target of $185.

Sina Corp China (SINA) was downgraded to ‘Neutral’ from ‘Accumulate’ at GuoTai JunAn with a target price of $74.

Illumina (ILMN) was upgraded to ‘Buy’ from ‘Hold’ at Evercore ISI with a price target of $190.

Hanesbrands (HBI) was downgraded to ‘Equal-Weight’ from ‘Overweight’ at Morgan Stanley.

Terex (TEX) was upgraded to ‘Buy’ from ‘Hold’ at Deutsche Bank.

Urban Outfitters (URBN) was downgraded to ‘Sell’ from ‘Neutral’ at MKM Partners.

Merck (MRK) said its V212 investigational inactivated varicella zoster virus for prevention of shingles met its primary endpoint in a Phase 3 shingles study.

Raytheon (RTN) gained nearly 1% in after-hours trading after it received a $1.07 billion contract from the U.S. Air Force.

Earthlink (ELNK) climbed over 3% in after-hours trading after it disclosed in a regulatory filing that shareholders approved an agreement and plan of merger with Windstream.

Source: FoxBusiness, Barchart, CNBC, Bloomberg, Reuters