Morning Movers: E*Trade Gains on Upgrade; Intuitive Surgical Slides as Sales Slump

Stocks this morning are looking to build on yesterday’s gains.

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S&P 500 futures have gained 0.3%, while Dow Jones Industrial Average futures have risen 0.4%. Nasdaq Composite futures have advanced 0.5%.

Constellation Brands (STZ) has gained 4% to $84.75 in pre-open trading after the beer and wine purveyor beat earnings forecasts and predicted annual profits above the Street consensus.

Alcoa (AA) has advanced 3.9% to $13.02 after beating earnings forecasts.

Intuitive Surgical (ISRG) has dropped 9.3% to $489.84 after the maker of surgical robots said it would report first-quarter earnings well below forecasts, as sales of its  da Vinci model plunged.

General Motors (GM) has dropped 1.8% to $34.53 after it was downgraded to Underweight from Equal Weight at Morgan Stanley.

E*Trade Financial (ETFC) has gained 1.9% to $20.35 after it was upgraded to Neutral from Underperform at BofA Merrill Lynch.