Don’t judge each day by the harvest you reap but by the seeds that you plant. — Robert Louis Stevenson

Notable premarket earnings movers:  NFLX,  IBM, CSX & UAL

Analyst Upgrades:
  • CIB, YUMC, HOLI, DPZ, QCOM, TSS
Analyst  Downgrades:
  • SHAK, RIO, CMA, PYPL
Analyst notes/upped target price:
  • IBM –  $140 from $130 at Citi
  • QCOM – $95 from $85 at Argus
  • TSN – $74 from $66 at Credit Suisse
  • NFLX – $450 from $440 at Credit Suisse
Analyst Initiations:
  • MGNX – Outperform at  Credit Suisse Price Target $29
  • LYFT – Neutral at Susquehanna Target Price $57