Stocks Making the Greatest Movements Premarket 01/30

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Last Updated on January 30, 2023 by Bitfinsider

Tesla — Berenberg upgraded Tesla, saying the firm’s price decreases are part of a bigger plan and that battery cell production is another chance for the business to grow. In the premarket, Tesla was down less than 1%.

Salesforce — Morgan Stanley raised its price objective on the software company to $236 per share from $228, representing a 43% increase from Friday’s finish. However, the stock was down more than 1% in premarket trade.

Intel — The chipmaker fell 1.5% in premarket trading after its fourth-quarter financial results fell short of Wall Street’s forecasts on Friday. Intel, which fell 9% on Friday, forecasted a loss for the current quarter as well.

Coinbase — JMP Securities reaffirmed its outperform recommendation on Coinbase, which has gained 85% since trading began on January 9, analysts noted in a report Friday. Coinbase, on the other hand, was down 2.7% in premarket trading.

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