Stocks making the biggest moves premarket: Tesla, Merck, Symantec, Canopy Growth & more
Merck — An analyst at Mizuho Securities initiated Merck with a "buy" rating and a price target of $97 per share, implying an upside of 13.4%. Symantec, Broadcom — Symantec shares soared more than 17% after Bloomberg News reported the company is in talks to be acquired by Broadcom. USANA Health Sciences — The company lowered its full-year earnings outlook and now sees its annual profit ranging between $3.70 per share and $4.10 a share. Dell, Microsoft, HP Inc — Nikkei reported that Dell, Microsoft, and HP were among a number of U.S. tech companies looking to shift "substantial" production operations out of China.