Fly Intel: Pre-market Movers
HIGHER: CVS Health (CVS), up 2.5% after the company and Walmart (WMT) announced that they have reached a multi-year agreement on terms under which Walmart will continue participating in the CVS Caremark pharmacy benefit management commercial and managed Medicaid retail pharmacy networks... Sportsman's Warehouse (SPWH), up 6% after Piper Jaffray analyst Peter Keith upgraded the stock to Overweight and raised his price target for the shares to $8 from $6. The company is "poised for substantially better fundamentals" while the shares trade at the "lowest valuation within our coverage universe," Keith tells investors. UP AFTER EARNINGS: VF Corp. (VFC), up 9%... Atlassian (TEAM), up 8%... Bank OZK (OZK), up 14%. DOWN AFTER EARNINGS: Netflix (NFLX), down 1%. ALSO LOWER: Tesla (TSLA), down 6.5% after announcing a 7% workforce reduction... Interpublic Group (IPG), down 4.5% after RBC Capital analyst Steven Cahall downgraded shares to Sector Perform and lowered his price target to $24 from $28. The analyst expects the company's organic growth to decelerate in 2019 after "recent account losses"... Casa Systems (CASA), down 28% after cutting its Q4 guidance and narrowing its FY18 guidance.