Stocks making the biggest moves midday: Lennar, Coinbase, Array Technologies and more

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Check out the companies making the biggest moves midday Monday:

D.R. Horton, Lennar, PulteGroup — Homebuilder stocks moved higher on Monday after KeyBanc double upgraded the sector to overweight from underweight. Analyst Kenneth Zener said that homebuilders, which have underperformed this year, tend to rebound sooner and more sharply than the broader market. Shares of Lennar rose about 2%, while D.R. Horton gained over 2%, and PulteGroup jumped nearly 4%.

Array Technologies — The solar stock jumped over 3% after Piper Sandler upgraded Array Technologies to overweight from neutral, saying the company has more upside ahead on an improved forward outlook.

SunOpta — Shares of SunOpta rallied more than 5% after being named a top pick by Cowen. Analyst Brian Holland, who has a buy rating on the stock, wrote in a note that «the company's agnostic posture and capital execution is affording strong growth sight lines underappreciated by the market.» His $15 price target implies 55.9% upside from Friday's close.

Opendoor Technologies — Opendoor dropped 6% after a Bloomberg reported the iBuyer lost money on 42% of its August resales. Like others in the housing space, the company faces headwinds including a housing recession and mortgage rates over 6%.

AutoZone — AutoZone shares fell more than 2% as traders pored over a mixed quarterly earnings report. The company's gross margins of 51.5% were slightly below a StreetAccount estimate of 51.9%. Still, AutoZone earned $40.50 per share in the previous quarter, beating a forecast of $38.51 per share.

NCR — Shares of NCR slid almost 3% after being downgraded to equal-weight from overweight by Morgan Stanley. The firm said the path to unlocking shareholder value is «less