Take a look at the top midday traders.

Ford Motor – Shares of Ford surged more than 12% after the company announced plans to nearly double the production of its new all-electric F-150 Lightning pickup truck to 150,000 annually by mid-2023. This week, the company placed orders for an electric truck. It had been shut down previously due to overwhelming demand.

Warner Music Group – Warner Music slid more than 3% a day after the company announced a saleAccess Industries’ affiliates purchased 8.56 Million shares. Warner Music won’t receive any proceeds and will not be selling shares of its common stock.

Bank of America, American Express – Financial stocks rallied as the benchmark 10-year Treasury yield climbed. Bank of America gained 4.5% Wells Fargo Equity Research named the stock a top pickThe financial sector in 2022. American Express gained 2.9% Signature BankAfter being selected as one of the top picks at Wells Fargo, his stock rose more than 3%

Occidental Petroleum, Coterra Energy, Halliburton – Energy stocks rose as oil prices moved higher with OPEC and its allies agreeing to raise its output target. Occidental climbed about 8.4% while Coterra gained 7.9%. Halliburton climbed 6.5%.

Foot Locker – Shares of Foot Locker dipped 2.6% after JPMorgan downgraded the stock to underweight from neutral. Firm cites cost pressures and stiffer competition as reasons for closing the apparel and athletic footwear retailer.

Under Armour – Under Armour shares rose more than 2% after Baird upgraded the stockTo an outperform rating of neutral. Baird stated that it prefers stocks with “visible, cyclical earnings recovery potential.”

Coca-Cola – The beverage stock rose 1.6% on Tuesday after investment firm Guggenheim upgraded Coca-ColaNeutral is the best place to purchase. In a note sent to clients, the firm stated that Coca-Cola’s emerging market and on-premise businesses are recovering faster than anticipated from the pandemic.

Hewlett Packard Enterprise – Hewlett Packard Enterprise shares jumped 4.9% after Barclays upgraded the stock to overweight from equal weight. We believe that core Server and Storage are stabilizing and will move to as-a service, while Networking and HPC could see steady growth. The firm stated that the group’s valuation is the lowest.

General Electric – Shares of GE jumped about 2.5% after Credit Suisse upgraded the stock to outperform. GE stock shares have struggled ever since November’s announcement of a three-way separation. Credit Suisse however stated that there was more upside to the shares than 25%.

Toyota Motor – Shares of Toyota gained more than 7% after Japan’s Nikkei news serviceThe company announced plans to create its own auto operating system by 2025.

— CNBC’s Jesse Pound and Tanaya Macheel contributed reporting