As Wall Street anticipates a positive open, stocks in focus in pre-market include discount store giant Target Corp (NYSE:TGT).
Shares sank 3.75% to US$72.32 before the bell as it unveiled better-than-expected sales in the fourth quarter with strong growth online and in bricks-and-mortar stores.
But the sales were tempered by muted earnings and a conservative outlook on profit, which disappointed the market.
Elsewhere, Mylan NV (NASDAQ:MYL) shares were up 2.26% to US$42.48 in pre-market deals as broker heavyweight Morgan Stanley upgraded the share to 'overweight' from ' equalweight' with a price target hiked to US$50.00, from US$39 previously.
Elsewhere, Restoration Robotics Inc (NASDAQ:HAIR) posted better-than-expected sales for its fourth quarter.
Shares added 6.55% to US$6.05 after hours in New York.
Last but not least, Ciena Corporation (NYSE:CIEN) added 2.7% to US$ 23.99 after the bell. It comes after the group said its bottom line declined to US$21.91mln, down from US$24.64mln in last year's first quarter.