Stocks to Watch: Texas Instruments, MGM and More ...
Stocks pared gains amid quiet holiday trading as investors considered the next steps from the Federal Reserve in the wake of a disappointing jobs report on Friday.
So which individual stocks are worth watching today? Here are six that are on the move:
Texas Instruments
The semiconductor manufacturer was trading at levels not seen since July 2008. The company's shares were up nearly seven percent in the last week.
-----------MGM Resorts
The resort chain was downgraded to hold from buy at Hudson Securities. The company's shares were down about three percent today, but up 16 percent in the last week.
-----------United Natural Foods
The food retailer and wholesaler was initiated buy at Bank of America Merrill Lynch with a $40 price target.
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Fortune Brands
The multi-sector company was downgraded to neutral from outperform at RW Baird.
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Atwood Oceanics
The oil equipment and service company was upgraded to market perform from underperform at Raymond James.
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Archer Daniels
This food products company was downgraded to hold from buy at Deutsche Bank.
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