Check out which companies are making headlines before the bell on Thursday:
Rite Aid - The drugstore chain posted earnings of 9 cents a share, in line with expectations, while revenue fell short of forecasts at $6.3 billion, versus estimates for $6.27 billion. In addition, the company backed its full-year 2014 earnings and revenue guidance, which were at the lower end of current Wall Street projections.
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Hewlett-Packard - Wells Fargo upgraded the tech company to "outperform" from "market perform" and raised the valuation range from $30 to $32 from $23 to $25, citing potential net income and free cash growth, divestitures, and shareholder activism.
Micron - At least five brokerages raised their price targets on the chip maker after the company beat earnings expectations.