Stocks making the biggest moves midday: Apple, Tesla, Starbucks and more



The Apple campus is in California.

The companies are making news in midday trading.

Apple saw its shares jump more than 3% after Morgan Stanley raised its price target from $164 to $200 and maintained an overweight rating. The analyst thinks that Apple hasn't baked new products like an augmented reality headset or self-driving car into the share price yet.

The price target on the stock was hiked by the company. No rival will be close toTesla in 2022.

Starbucks shares rose 3% after the name was upgraded to a buy rating from a neutral and a price target was hiked. The firm said that the stock had a buying opportunity.

The airline's shares gained 1.5% after it was announced that Doug Parker will retire as CEO next year and be succeeded by Robert Isom on March 31. The chairman of American's board will remain unchanged.

The auto parts retailer reported a better-than-expected quarterly report and its shares rose 6.6%. The company posted a quarterly profit of $25.69 per share, beating the Refinitiv consensus estimate of $20.87. Comparable-store sales increased by 13.6%.

The shares of Designer Brands soared after the company reported better-than- expected quarterly earnings. The company reported earnings of 86 cents per share, which was above estimates of 56 cents per share. Revenue missed estimates.

The British pharmaceutical company saw its shares rise more than 1% after it said its treatment is effective in treating all 37 identified omicron mutations.

The chipmaker announced plans to take its self-driving car unit public. The company acquired a firm.

The pharmaceutical company announced positive results from a late-stage trial of its experimental treatment for a genetic disorder that affects brain development in girls.

Jack In The Box shares were upgraded to buy byDeutsche Bank. Jack In The Box bought Del Taco.

After a meeting with company management, JP Morgan upgraded the stock to overweight from neutral. The firm believes in the growth of the dating app.

CNBC'sMaggie Fitzgerald, Yun Li and Tanaya Macheel contributed to the report.