PRE-MARKET | November 16, 2016 | $DRYS, $AAPL, $TGT, $SINO, $OPTT, $PRU, $CPA, $BAC

1. TGT: $TGT Target Boosts Forecast as Profit Rises – WSJ

2. ACRS:  $ACRS Aclaris Therapeutics Two A-101 Phase 3s Met All Primary, Secondary Endpoints as SK Treatment – SI

3. A:  $A Agilent Technologies Tops Q4 EPS by 7c; Guides Q1 Below Views – SI

4. LZB:  $LZB La-Z-Boy Acquires Brand License for U.K., Ireland Markets – SI

5. SQ: $SQ Square’s CEO Jack Dorsey Enters Stock Trading Plan – SI

6. PRU: $PRU Asia drives Prudential’s new business profit, raises dividend – Reuters

7. MTSI: $MTSI MACOM Reports Fourth Quarter and Fiscal Year 2016 Financial Results – Biz Wire

8. LOW:  $LOW Lowe’s misses on earnings and revenue; stock sinks – CNBC

9. NVTA:  $NVTA Invitae Announces Proposed Public Offering of Common Stock – Biz Wire

10. VSAT:  $VSAT ViaSat Announces Proposed Public Offering of Common Stock – PRNewswire

11. PDLI:  $PDLI PDL BioPharma Announces Proposed $150M Public Offering of New Convertible Senior Notes Due 2021

12. FLXN:  $FLXN Flexion Therapeutics Announces Proposed Public Offering of Common Stock – EconoTimes

1. CPA:Goldman Sachs Upgrades Copa Holdings $CPA to Buy

2. DIS:$DIS upgraded to Buy at Deutsche Bank – PT $112

3. FIT:Fitbit upgraded to Sector weight at Pacific Crest Securities

4. RPRX:$RPRX upgraded to Buy from Neutral at Ladenburg.

1. BAC:Baird Downgrades Bank of America $BAC to Neutral

2. BHLB:Piper Jaffray Downgrades Berkshire Hills Bancorp $BHLB to Neutral

3. CAKE:Stephens Downgrades Cheesecake Factory $CAKE to Equal Weight

4. CHS:Instinet Downgrades Chico’s, Inc. $CHS to Neutral

5. COF:Robert W. Baird Downgrades Capital One Financial to Hold $COF

6. DFRG:Stephens Downgrades Del Frisco’s Restaurant $DFRG to Equal Weight

7. FITB:Fifth Third Bancorp was Downgraded to a Sell Rating at Robert W. Baird $FITB

8. HAR:Deutsche Bank Downgrades Harmon International $HAR to Hold

9. JEC:DA Davidson Downgrades Jacobs Engineering $JEC to Neutral

10. KEY:Bernstein Downgrades KeyCorp $KEY to Market Perform

11. LSXMA:Deutsche Bank Downgrades Liberty SiriusXM $LSXMA to Hold

12. LULU:$LULU downgraded to Neutral at Credit Suisse – PT cut $53 from $76

13. NE:BofA/Merrill Lynch Downgrades Noble Corporation $NE to Underperform

14. PBCT:Piper Jaffray Downgrades People’s United Financial $PBCT to Underweight

15. PCH:Vertical Group Downgrades Potlatch $PCH to Hold

16. SCTY:$SCTY downgraded to Sell at Axiom Capital

17. STL:Piper Jaffray Downgrades Sterling Bancorp $STL to Neutral

18. TEVA:Teva downgraded to Hold from Buy at Jefferies $TEVA

19. USB:Another downgrade for U.S. Bancorp

20. VMC:BofA/Merrill Lynch Downgrades Vulcan Materials Company $VMC to Neutral

21. WDR:Keefe, Bruyette & Woods Downgrades Waddell & Reed $WDR to Underperform

1. LOW:$LOW reports FQ3 earnings of 88c EPS and $15.74B Revs –

2. JKS:$JKS reports FQ3 earnings of $1.40 EPS and $855.31M Revs –

3. TGT:$TGT reports FQ3 earnings of $1.04 EPS and $16.44B Revs –

4. BRC:$BRC reports FQ1 earnings of 44c EPS and $280.18M Revs –

5. MTOR:$MTOR reports FQ4 earnings of 34c EPS and $728M Revs –

1. LOW:Lowe’s missed on EPS & revenue. Competition from Home Depot may just be too tough. $LOW down nearly 5% #premarket. $HD down 1% too though.

2. DRYS:The clown show continues … $DRYS up another $20 in premarket

3. TGT:Target Q3 EPS $1.04 vs $0.83 Est, Revenue $16.44B vs $16.30B Est. $TGT

4. ELGX:$ELGX halted. FDA requests 2-year patient follow-up data from the EVAS-FORWARD IDE Study of the Nellix EVAS System

1. Shane Blackmon on Twitter

2. Target Boosts Forecast as Profit Rises

3. Facebook says it miscalculated more metrics, but it’s telling advertisers not to worry