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Premarket Movers Thursday - Bank of America, UnitedHealth, UPS

Stocks moving in premarket trading include Bank of America, UnitedHealth, UPS, Bed Bath & Beyond and Wayfair.

U.S. stock futures rose Thursday amid a busy slate of bank and bluechip earnings.

Here are some of the top movers in premarket trading ahead of the opening bell on Thursday.

1. Bank of America BAC | Up 2.6%

Shares of Bank of America  (BAC) - Get Bank of America Corp Report were higher after the second largest U.S. bank reported a 58% rise in third-quarter profit, led by a rebound in revenue from interest on loans and by improving loan growth.

Bank of America exceeded analysts' expectations as earnings of 85 cents a share topped the consensus estimate of 71 cents a share in a FactSet survey.

2. United Parcel Service UPS | Up 2.8%

Shares of United Parcel Service  (UPS) - Get United Parcel Service, Inc. Class B Report advanced after Stifel analysts upgraded the package-delivery giant to buy from hold and raised their price target on the stock.

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3. UnitedHealth UNH | Up 3.1%

Shares of UnitedHealth  (UNH) - Get UnitedHealth Group Incorporated Report climbed after the health-care giant posted adjusted third-quarter earnings that beat analysts’ forecasts and raised its full-year outlook. The results reflected membership growth and lower negative Covid-19 effects on its operating costs.

4. Bed Bath & Beyond BBBY | Down 2%

Shares of Bed Bath & Beyond  (BBBY) - Get Bed Bath & Beyond Inc. Report were lower after Morgan Stanley analysts downgraded the home-goods retailer to underweight from equal weight.

5. Wayfair W | Down 2.7%

Shares of Wayfair  (W) - Get Wayfair, Inc. Class A Report slipped after analysts at Morgan Stanley and Jefferies downgraded the online furniture retailer's stock. 

Morgan Stanley downgraded Wayfair to underweight from equal weight on declining near-term sales. 

Jefferies analyst Jonathan Matuszewski cut Wayfair stock to hold from buy and lowered his price target to $225 a share from $330.