Check out the companies that make headlines before the bell. Boeing – Plane maker stocks outperformed the market’s performance by adding nearly 2% to the back of Bernstein’s upgrade. The company said Boeing should “go down a much harder path than 2023” as Boeing recovered from the 2024 Alaska Airlines controversy and earlier recovered from crash falls on the two biggest Boeing 737 planes. Progressive – After an upgrade to buy from Bank of America’s Neutral, insurance stocks have increased by more than 1%. Progressive’s stock fell 8% earlier this month due to downgrades at the same store. Pullback and strong results in March make stocks attractive, Bank of America said. Domino’s Pizza – Stocks fell almost 3% after the pizza company reported mixed results for the first quarter. Domino won $11.1 billion with revenues of $4.33 per share, while Analyst voted for a profit of $1.13 billion, with LSEG earnings of $4.07 per share. In Holdings – Athletic Shoes retailer won 3% behind City upgrades to buy from Neutral. Citi said the company holds the highest position in its sector to navigate current uncertainty and is likely to reduce costs growth if necessary. Eli Lilly – HSBC downgraded Eli Lilly’s shares to reduce it from purchases and trims its price target. HSBC added that the company’s expectations for weight loss drugs could be overestimated amidst the fierce competition. As a result, Eli Lilly’s shares slipped nearly 2%. – Reported by CNBC’s Alex Harring and Jesse Pound.
Stock localities making the biggest move: BA, DPZ, LLY, PGR
