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Stocks to Watch: Northrop Grumman, Texas Instruments, More ...

Six in 60
Six in 60

Stocks declined Tuesday as the market was rattled by disappointing economic data out of China ahead of the Federal Reserve's statement on monetary policy.

So which individual stocks are worth watching today? Here are six that are on the move:

Seagate Technology
The disc drive manufacturer was downgraded to equal weight from overweight at Barclays Capital.

-----------Northrop Grumman
The security company was downgraded to market perform from outperform at FBR Capital. The firm says the company is likely to underperform relative to its peers in the second half of the year.

-----------Texas Instruments
The semiconductor company was upgraded to outperform from market perform at Raymond James.

Allegheny Technologies
The metals producer was upgraded to buy from neutral at bank of America Merrill Lynch.


Johnson & Johnson
The healthcare product manufacturer was downgraded to equal weight from overweight at Morgan Stanley.


The clothing manufacturer is buying Gear Sports for $55 million. Hanes will also assume $170 million in debt as part of the deal.


Get the latest stock picks on the CNBC Stock Blog, and see what analysts and others are watching before the bell each day at Analyst Watch.