Today's Pre-Market Movers and Top Ratings | QRVO, MMM, DHI and More

As the market opens today, investors are keeping a close eye on several stocks that have been making waves in the pre-market session. Let's dive into the key movers and top ratings, including Qorvo (QRVO), 3M (MMM), and D.R. Horton (DHI).



1. Qorvo (QRVO):
* Starboard Value, an activist investor, took a 7.7% stake in QRVO, leading to a 11% increase in the stock price.
* Analysts have a Hold rating on QRVO, with an average price target of $90.75, indicating a 5.16% increase from the latest price.
* The stock price has been volatile, with a 52-week range of $75.65 to $150.00.
2. 3M (MMM):
* MMM reported better-than-expected fourth-quarter 2024 results, with revenue and EPS beating analyst estimates.
* The company's stock surged by 4.23% in premarket trading on Tuesday, following the earnings release.
* Analysts have a Hold rating on MMM, with an average price target of $142.00, indicating a 23.07% increase from the previous average price target.
* MMM's stock price has been relatively stable, with a 52-week range of $75.65 to $150.00.
3. D.R. Horton (DHI):
* DHI reported fiscal 2025 first-quarter earnings, with net income per common share attributable to D.R. Horton decreasing 7% to $2.61 per diluted share compared to $2.82 in the same quarter of fiscal 2024.
* The company's stock price has been volatile, with a 52-week range of $120.00 to $180.00.
* Analysts have a Hold rating on DHI, with an average price target of $142.00, indicating a 23.07% increase from the previous average price target.

In summary, the recent earnings reports and analyst ratings have positively impacted the stock prices of QRVO and MMM, while DHI's stock price has been more volatile. The Hold ratings from analysts suggest that these companies are likely to perform similarly to the broader market. As the market opens today, investors should keep a close eye on these stocks and consider their positions accordingly.