Fly Intel: Pre-market Movers - InvestingChannel

Fly Intel: Pre-market Movers

HIGHER: Synchrony (SYF), up 3% after Synchrony and Lowe’s (LOW) announced a multi-year extension of their strategic partnership highlighting Synchrony’s commitment to offer Lowe’s customers enhanced purchasing options and valuable benefits… SJW Group (SJW), up 7% after California Water Service Group (CWT) submitted a revised proposal to acquire all outstanding shares of SJW Group common stock for $70 per share in cash, an increase of $1.75 per share. UP AFTER EARNINGS: Advance Auto Parts (AAP), up 6%… Home Depot (HD), up 2%… Brinker (EAT), up 1%… Tapestry (TPR), up 5%… Baozun (BZUN), up 5%. DOWN AFTER EARNINGS: YY (YY), down 7%… HUYA (HUYA), down 10%… LOWER: On Deck Capital (ONDK), down 5% after BTIG analyst Mark Palmer downgraded the stock to Sell from Neutral with a price target of $7 despite the surge in the stock price last week after its Q2 earnings beat and raised FY18 guidance. The analyst pointed to the company’s “overextended” valuation… Macom (MTSI), down 3% after JPMorgan analyst Harlan Sur downgraded the company to Underweight with an unchanged price target of $21. With the stock above his price target, the analyst believes the market is already discounting “strong forward earnings power.”