Check out which companies are making headlines before the bell:
Amazon.com – D.A. Davidson initiated coverage of Amazon with a "buy" rating and a price target of $1,300 per share. The firm said Amazon is poised to take even more market share following its acquisition of Whole Foods and its embracing of brick-and-mortar operations. Separately, Amazon announced plans to open a second headquarters, dubbed "HQ2" and is soliciting bids for locations.
GoPro – The high definition camera maker said it expects the current quarter to be profitable on a non-GAAP basis, and that revenue and gross margins will come in at the high end of expectations on strengthening consumer demand.
FireEye – Morgan Stanley upgraded the cybersecurity company's stock to "overweight" from "equal-weight." Part of Morgan Stanley's bull case is anticipated "meaningful adoption" of FireEye's Helix platform.
RH Inc. — The Restoration Hardware parent reported adjusted quarterly profit of 65 cents per share, 18 cents a share above estimates. The upscale furniture retailer also saw revenue beat forecasts, and a same-store sales increase of seven percent was better than the 5.4 percent consensus estimate of analysts polled by Thomson Reuters. In addition, RH raised its full-year forecast, as it benefits from a shift to a membership model.
Royal Caribbean – Royal Caribbean increased its quarterly dividend to 60 cents per share from 48 cents a share, an increase of 25 percent. The cruise line operator's stock has been down the past three sessions on concerns about the financial impact of hurricanes Harvey and Irma, and other cruise company stocks like Norwegian Cruise Line and Carnival have been impacted, as well.
Procter & Gamble — Trian's Nelson Peltz released a white paper detailing ideas to improve the company's performance. Peltz wants a board seat, and criticized Procter for losing its leading position in the consumer marketplace and settling for "mediocrity." Trian holds a $3.5 billion stake in the consumer products giant.
CBS – CBS will see a delay in its planned buyout of Australian broadcaster Ten Networks, after a court agreed to put the deal on hold to hear a challenge by a rival consortium led by News Corp. co-chairman Lachlan Murdoch.
AstraZeneca – AstarZeneca said its Duaklir drug showed significant improvement in lung function for patients who have chronic obstructive pulmonary disease, or COPD, a chronic lung disease. The drugmaker said it sees a submission to the Food and Drug Administration for approval in the first half of 2018.
Sanofi – The drugmaker ended development of two Zika vaccines, pointing to a decline in Zika cases and limited U.S. government funding.
Alphabet – Alphabet's Google unit is close to a deal to buy HTC's smartphone operations, according to a report in Taiwan's Commercial Times.
Urban Outfitters – The apparel retailer expects comparable-store sales for the third quarter to drop by a low single-digit percentage, according to a Securities and Exchange Commission filing. That would be better than the 7.1 percent comp-store sales drop expected by analysts polled by Thomson Reuters.
Conn's – The furniture and home appliances retailer earned an adjusted 26 cents per share for its latest quarter, compared to estimates for a loss. Revenue did fall shy of forecasts, but Conn's benefited from improvement in its credit business as well as what it calls its strong underlying retail model.