{"id":34736,"date":"2023-11-15T14:05:32","date_gmt":"2023-11-15T14:05:32","guid":{"rendered":"https:\/\/isafespend.com\/news\/stocks-making-the-biggest-premarket-moves-target-tjx-sirius-xm-advance-auto-parts-and-more\/"},"modified":"2023-11-15T14:05:33","modified_gmt":"2023-11-15T14:05:33","slug":"stocks-making-the-biggest-premarket-moves-target-tjx-sirius-xm-advance-auto-parts-and-more","status":"publish","type":"post","link":"https:\/\/isafespend.com\/?p=34736","title":{"rendered":"Stocks making the biggest premarket moves: Target, TJX, Sirius XM, Advance Auto Parts and more"},"content":{"rendered":"<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-6-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Check out the companies making the biggest moves in premarket trading: Target \u2014 Shares surged nearly 14% after the retail giant beat earnings and revenue expectations for its third quarter, with help from as purchases in high-frequency categories like food and beauty helped boost otherwise weaker customer spending. Target posted earnings per share of $2.10 compared with the expected $1.48, according to LSEG. Revenue of $25.4 billion topped estimates of $25.24 billion. TJX Companies \u2014 The retailer shed 2.4% despite reporting and earnings and revenue beat. Third-quarter earnings per share came in at $1.03 versus the 99 cents expected from analysts polled by LSEG. Revenue of $13.27 billion topped estimates of $13.09 billion. Sirius XM \u2014 Shares popped 8.6% after billionaire investor Warren Buffet revealed in a regulatory finding that he purchased 9.7 million shares of Sirius XM in the third quarter. Generac \u2014 The stock added 3.5% following an upgrade to neutral from underperform by Bank of America. The bank said it sees &#8220;fewer lingering risks&#8221; into next year than it previously believed. Advance Auto Parts \u2014 Shares slipped 1.8% after the car parts retailer reported a third-quarter earnings-per-share loss of 82 cents and lowered its earnings per share guidance for the year to $1.40 to $1.80 from $4.50 to $5.10. Advance Auto Parts also said it initiated the potential divestiture of two of its businesses. JD.com \u2014 Shares of the Chinese e-commerce company jumped more than 4% after posting a top- and bottom-line beat for the third quarter. The company reported $1.09 billion in net profit for the quarter, which marked a 33% year-over-year increase. Management cited price competitiveness and supply-chain advantages for its strong results. Energizer \u2014 The stock slipped nearly 4%, a day after gaining 7.4% on an earnings beat. On Wednesday, JPMorgan downgraded Energizer to underweight from neutral, citing the company&#8217;s weaker-than-expected guidance for its fiscal first quarter and the full year. Holley \u2014 Shares jumped 10.4% after being upgraded to buy from hold by Jeffries. The firm said the automotive afterproducts company&#8217;s stock is trading at a significant discount to historical averages. V.F. Corp \u2014 The apparel stock gained 3.9% in premarket trading. JPMorgan on Wednesday upgraded shares of V.F. Corp to neutral from underweight, saying the risk\/reward profile for the company behind The North Face and Vans brands has improved. The stock is down 43% this year. \u2014 CNBC&#8217;s Hakyung Kim, Sarah Min, Tanaya Macheel contributed reporting.<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.cnbc.com\/2023\/11\/15\/stocks-making-the-biggest-premarket-moves-.html\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Check out the companies making the biggest moves in premarket trading: Target \u2014 Shares surged nearly 14% after the retail giant beat earnings and revenue expectations for its third quarter, with help from as purchases in high-frequency categories like food and beauty helped boost otherwise weaker customer spending. Target posted earnings per share of $2.10<\/p>\n","protected":false},"author":1,"featured_media":34737,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[],"class_list":{"0":"post-34736","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stocks making the biggest premarket moves: Target, TJX, Sirius XM, Advance Auto Parts and more | iSafeSpend<\/title>\n<meta name=\"description\" content=\"Check out the companies making the biggest moves in premarket trading: Target \u2014 Shares surged nearly 14% after the retail giant beat earnings and revenue\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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