Check out the companies making the biggest moves in premarket trading: Target — The big box retailer sank 10.5% after announcing CEO Brian Cornell will be replaced by Chief Operating Officer Michael Fiddelke on Feb.1. Target also posted a second-quarter earnings and revenue beat, although its sales and traffic declined, and reiterated its full-year outlook. Lowe’s — Shares of the home improvement retailer moved 3% higher on the back of its latest financial results . Earnings came in at $4.33 per share for the second quarter, topping the $4.24 expected from analysts polled by LSEG. Revenue was $23.96 billion, matching the consensus estimate. Lowe’s also increased its full-year sales guidance. Estée Lauder — Shares tumbled 8% after the beauty company said it expects tariff-related headwinds to impact profitability for its fiscal 2026 year by approximately $100 million. Estée Lauder also guided for fiscal 2026 adjusted earnings per share in a range below FactSet’s consensus estimate, and for fiscal 2026 year-over-year revenue growth of 2.5%, less than the expected 2.6%. Hertz — The car rental company jumped 9% after announcing it will begin selling pre-owned vehicles on Amazon Autos. The offering will be available beginning in four city areas as soon as Wednesday and will expand to 45 locations nationwide. Analog …
