Square — The payments company announced it has hired Amrita Ahuja as its new CFO. Ahuja will start on her new job later this month. Ahuja currently works as the CFO at Blizzard Entertainment, an Activision Blizzard division.
United Technologies — RBC downgraded the Dow member to “sector perform” from “outperform,” citing limited upside moving forward. “While there is still an attractive ~15% implied value to be unlocked, the shares could stay range-bound until we approach the mid/late-2020 spin transactions,” RBC said in a note.
Skyworks Solutions — Nomura Instinet downgraded Skyworks to “neutral” from “buy” and slashed its price target to $70 a share from $100. “We now see macro/trade uncertainty and weak unit demand at the company’s largest customers (Apple, China Inc.) as headwinds to growth” in 2019, Nomura said.
Tesla — The electric car maker said it plans to start delivering the Model 3 to its China customers in March. Tesla shares rose more than 2 percent in the premarket.
Regeneron — The pharmaceutical company’s stock was upgraded to buy from neutral at Guggenheim Partners. An analyst at Guggenheim said worries about competition around Eylea — one of its best-selling treatments — may be overstated.
contributed to this report.