Check out which companies are making headlines before the bell:
Target–The battered retailer reported second quarter profit of 78 centsper share, excluding certain items, missing estimates by one cent. The company also cut its earnings forecast for the year, with the company's CFO saying that although Target hasn't been performing up to expectations, it is seeing signs of improvement.
Lowe's–The home improvement retailer reported second quarter profit of $1.04 per share, beating estimates by two cents. Lowe's revenue and comparable store sales both beat consensus, as the company said it recovered most of the outdoor product sales missed in the first quarter due to bad weather.
Dunkin' Brands, Panera Bread–Barclays upgraded both stocks to "overweight" from "equal-weight." The firm said long term fundamentals for Dunkin' are compelling and that the current price offers an attractive entry point, while saying Panera's investments in new systems will position itself for longer term growth after a choppy period.