Check out the companies that are trending in intraday trading. Netflix — The streamer added 1% on the back of Seaport’s upgrade to buy from neutral. The company made the call ahead of next week’s earnings report. UnitedHealth Group — Shares fell more than 4% after UnitedHealth’s fourth-quarter earnings fell short of analysts’ expectations. According to LSEG, the company’s revenue was $100.81 billion, below the consensus estimate of $101.76 billion. However, UnitedHealth beat earnings expectations, with adjusted earnings per share of $6.81, compared to analyst estimates of $6.72 per share. DigitalOcean Holdings — Morgan Stanley upgraded this software company from equal weight to overweight, sending the headline stock up about 3%. The company said Digital Ocean’s stock price does not factor in its ability to serve large customers and has “little or no appreciation” of opportunities in artificial intelligence and machine learning. Morgan Stanley — The company’s stock rose nearly 3% after fourth-quarter results beat Wall Street expectations. The company reported a 29% return in its investment banking business during the quarter, with earnings of $2.22 per share and revenue of $16.22 billion. Analysts polled by LSEG had expected $1.70 per share, or $15.03 billion. First Solar — Seaport says First Solar is one of the “few established, blue-chip companies” in its sector with “the best policy-specific risk-reward profile.” The photovoltaic company’s stock rose about 4%. The company upgraded the stock from Neutral to Buy. Targets — The retailer fell nearly 2% after raising its fourth-quarter comparable sales guidance, but not its profit outlook. This may indicate that shoppers are motivated by the deal. Target expects fourth-quarter sales to rise 1.5% and quarterly earnings to be in the range of $1.85 to $2.45 per share. Sezzle — Shares of the buy-now-pay-later company soared 8% after the company updated its guidance and expected full-year revenue to beat its previous forecast, which had called for 55% growth. . Southwest Airlines — The airline fell nearly 4% after Citi was downgraded to sell from neutral. Analyst Stephen Trent said he expects “Southwest Airlines’ valuation to adjust to a more normalized level” over time amid concerns about the quality of its earnings. Blue Owl Capital — The alternative asset manager’s stock rose 3.5% after TD Cowen upgraded Blue Owl from hold to buy ahead of its February investor day. Taiwan Semiconductor Manufacturing — The chipmaker rose about 5% after reporting better-than-expected revenue guidance for the current quarter. The company currently expects revenue to be between $25 billion and $25.8 billion, compared to the $24.6 billion expected by analysts polled by FactSet. US Bancorp — Bank shares fell 5.6%. US Bancorp reported mixed fourth quarter results. Adjusted earnings were $1.07 per share, beating LSEG’s consensus estimate of $1.05 per share. However, the bank’s net interest margin was 2.71%, below Street expectations of 2.72%, according to FactSet. —CNBC’s Alex Harring, Lisa Hung, Sean Conlon and Michelle Fox contributed reporting.
