PepsiCo, Rivian and Honeywell rise premarket; Jupiter, Corning fall

Investing.com -- U.S. futures rose Tuesday, boosted by dovish comments from a couple of Fed officials, with a number of their colleagues set to comment later in the session.

Here are some of the biggest premarket U.S. stock movers today:

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  PepsiCo (NASDAQ: PEP) stock rose 0.8% after the soft drinks giant raised its annual profit forecast for a third time this year, as higher pricing helped offset a drop in volumes.

  
  


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  Unity Software (NYSE: U) stock rose 5.6% after the video-game software maker said its CEO John Riccitiello would retire in the wake of a controversial pricing change that frustrated numerous developers.

  
  


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  Rivian (NASDAQ: RIVN) stock rose 3% after UBS upgraded its stance on the EV manufacturer to ‘buy’ from ‘neutral’, seeing a potential buying opportunity following the recent selloff.

  
  


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  Corning (NYSE: GLW) stock fell 2.4% after JPMorgan downgraded the technology company to ‘neutral’ from ‘overweight’, seeing considerable downside to current consensus earnings estimates.

  
  


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  Juniper Networks (NYSE: JNPR) stock fell 3.5% after JPMorgan downgraded the networking hardware manufacturer to ‘neutral’ from ‘overweight’, calling the company the most challenged on a relative basis among its networking peers.

  
  


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  Honeywell (NASDAQ: HON) stock rose 1.2% after the industrial conglomerate announced plans to restructure its business operations to three segments down from four to boost sales growth and reallocate capital.

  
  


• Lexicon Pharmaceuticals (NASDAQ: LXRX) stock rose 9% after the group said its heart failure drug had received preferred status at Express Scripts, the pharmacy benefits management unit of Cigna (NYSE: CI).

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