Stocks making the biggest moves premarket: Caesars Entertainment, Dunkin’, Spotify, Deere & more

Caesars Entertainment — The casino operator’s stock surged more than 16% in the premarket after Caesars agreed to be bought out by Eldorado Resorts for $17.3 billion in cash and stock, including debt. Dunkin’ Brands — An analyst at Wedbush upgraded Dunkin’ Brands to “outperform” from “neutral,” and raised his price target on the stock to $92 per share from $76 a share. The analyst said Dunkin’s same-store sales are at an inflection point “that is underappreciated by the Street.” Dunkin’ shares rose 1.3% to $80.55 per share. Hostess Brands — Hostess Brands was upgraded to “buy” from “neutral” by an analyst at UBS. The analyst cited accelerating sales, the acquisition of a Chicago Bakery facility and strong free cash flow growth for the upgrade. Hostess shares climbed 1.4% in the premarket. Deere — Jefferies upgraded the tractor maker to “buy” from “hold,” noting that a “tightened global crop supply demand balance and positive momentum in farmer net income support double-digit large equipment growth through 2020.” Deere shares rose 1.4%.