Stocks making the biggest moves premarket: GE, PBR, AAPL, WMT & more
Barclays upgraded shares of GE to "overweight" from "equal weight," writing that "even the most hardened skeptic might want to re-consider following" GE naming Larry Culp as chairman and CEO. Petrobras PETR'-BR – J.P. Morgan upped its rating of Petrobras to "overweight" from "neutral." The potential for the Brazilian oil giant is driven by volume growth and reduced political risk , among other factors, and J.P. Morgan raised its price target on Petrobras shares to $17. Apple said it has repeatedly investigated the claims made in a Bloomberg Businessweek article and found no evidence chips sold to Apple by Super Micro Computer allowed for backdoor transmissions.