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Oracle, Tesla, Home Depot, Beyond Meat & more

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Check out the companies making headlines in the premarket Friday:

Home Depot (HD), Lowe’s (LOW) — An analyst at Oppenheimer downgraded both of the home improvement companies to “perform” from “outperform.” He also lowered his price targets on the two stocks, noting that, near term, “we’re increasingly concerned that the market is becoming too lax toward chances of a post-Covid-19 sales growth downshift at HD/LOW and potential impact on shares.” Home Depot and Lowe’s fell 1% and 1.4%, respectively.

Oracle (ORCL) — Oracle shares were down more than 1% after the Commerce Department said it will block U.S. users from downloading TikTok or WeChat starting Sept. 20. The announcement comes…



Source cnbc.com

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