Stocks making the biggest moves premarket: Hasbro, Adobe, GoodRx, SBA Communications and more

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A Hasbro Monopoly committee crippled arranged successful Dobbs Ferry, New York, Feb. 6, 2022.

Tiffany Hagler-Geard | Bloomberg | Getty Images

Check retired the companies making headlines earlier the bell:

Adobe — The banal gained 2.4% earlier the doorbell aft Morgan Stanley upgraded shares to overweight from adjacent value and boosted its terms target, citing artificial quality tailwinds.

Chevron — Shares roseate 1.6% aft Goldman Sachs upgraded Chevron to bargain from neutral and hiked its terms target. Analysts said the lipid elephantine is owed for a breakout.

Ford Motor — Shares declined 1.1% aft Jefferies downgraded the banal to hold, citing weakness successful Model E guidance.

Walt Disney — The banal roseate 0.7% aft Disney reportedly brought backmost 2 erstwhile executives who were antecedently considered imaginable successors to Bob Iger, according to a Financial Times study citing radical familiar. The 2 are Kevin Mayer and Tom Staggs.

XPeng — The U.S.-listed shares of Chinese electrical conveyance shaper XPeng fell 2% successful premarket trading. UBS connected Monday downgraded the institution to neutral from bargain aft the stock's bonzer run-up, saying it expects near-term upside has been priced in. The banal is up 135% this year.

Hasbro — The toymaker added 2.9efore the doorbell aft Bank of America upgraded the banal to buy from neutral. Bank of America said the institution should bushed expectations for net erstwhile it reports connected Thursday fixed the beardown request for the Lord of the Rings Magic set.

United Parcel Service — Shares fell 1% aft Credit Suisse downgraded UPS to neutral from outperform, citing labour concerns.

GoodRX — The integer healthcare level saw shares emergence much than 8% premarket aft Cowen upgraded the banal to outperform, saying its pharmacy payment absorption partnerships – similar Express Scripts and CVS' Caremark – assistance not conscionable make a caller gross watercourse but besides solidify the company's presumption successful the healthcare ecosystem. Cowen besides raised its terms people to bespeak astir 78% imaginable upside.

SBA Communications — Shares fell 1.6% successful premarket trading. The existent property concern spot progressive successful wireless communications infrastructure is set to report its second-quarter results aft the adjacent Monday.

ON Semiconductor — The chipmaker's shares gained 1.9% up of second-quarter earnings. ON Semiconductor is projected to study net of $1.21 per stock connected gross of $2.02 billion, according to analysts polled by FactSet. It's acceptable to study results Monday morning.

— CNBC's Alex Harring, Hakyung Kim, Tanaya Macheel and Samantha Subin contributed reporting

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