Benzinga’s Top Pre-Market Losers (AZO, PGN, NEM, LULU)

AutoZone Inc AZO tumbled 0.84% to $187 in the pre-market session. Analysts at Credit Suisse downgraded AZO from “outperform” to “neutral.” Progress Energy Inc PGN fell 0.76% to $38 in the pre-market session. PGN can expect a decrease in its monthly bills later this year as it has filed its reduction request with state regulators. Newmont Mining Corporation NEM slipped 0.36% to $55.50 in pre-market trading. Analysts at JP Morgan have raised their targets for several mining firms, including NEM. Lululemon Athletica Inc LULU lost 0.26% to $39 in the pre-market session. LULU posted better-than-expected Q1 earnings and raised earnings outlook for Q2 and full year. Read more from Benzinga's Company news.