Robinhood, EPAM Systems, Kroger and more

Take a look at the businesses making headlines in noon buying and selling Friday.

Robinhood — Shares of the buying and selling app dropped almost 7% after Goldman Sachs downgraded the inventory to promote from impartial. The Wall Road agency cited softening retail engagement ranges, continued weak spot in account progress and a restricted path to near-term profitability for its up to date outlook.

WD-40 — The lubricant maker reported quarterly outcomes that beat analyst expectations, sending the replenish 7.2%. WD-40 reported a revenue of $1.41 per share, simply beating a Refinitiv consensus estimate of $1.01 per share.

EPAM Programs — Shares for the software program firm surged 10.1% after EPAM Programs stated it might terminate its operations in Russia. Stifel analysts stated in a late Thursday word that they interpreted the choice as “optimistic because it removes probably the most seen overhang.”

Kroger — Shares for the grocery chain jumped almost 3% after Financial institution of America upgraded Kroger’s inventory to purchase from impartial. The agency believes Kroger can go on the price of rising meals costs to clients.

Goal — Shares jumped 2.3% after Goal on Thursday was named a high choose in retail by Barclays, which stated the inventory is undervalued given its basic power.

UPS — UPS shares dipped 0.9% after Financial institution of America downgraded the inventory, citing “deteriorating demand.” The financial institution downgraded eight different transport firms it worries will take successful from falling costs and slowing demand.

HP — Shares for the pc maker declined 3.6% after UBS downgraded the inventory to impartial from purchase. UBS believes excessive valuations and weak client sentiment will restrict upside for HP. The decision comes after Warren Buffett’s Berkshire Hathaway bought a serious stake within the firm this week.

— CNBC’s Yun Li and Samantha Subin contributed reporting.