Stocks to Watch: Kansas City Southern, Fortune Brands and More ...
Stocks rose after a series of strong earnings reports and on expectations that the Federal Reserve will act to stimulate the economy.The Dow Jones Industrial Average rose more than 80 points, afterreaching a five-month high on Tuesday after a volatile session.
So which individual stocks are worth watching today? Here are six that are on the move:
Smithfield Foods
The meat manufacturer was upgraded to outperform from market perform at BMO Capital.
-----------Hudson City Bancorp
The New Jersey-based bank was downgraded to hold from buy at Sandler O'Neil.
-----------Kansas City Southern
The railroad holding company was initiated outperform at Credit Suisse with a $56 price target.
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Fortune Brands
The building materials manufacturer was downgraded to neutral from buy at Goldman Sachs.
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Las Vegas Sands
The casino and resort company's 2011 estimates were raised at Hudson Securities, and the price target was raised from $40 to $46.
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Big Lots
The discount retailer was downgraded to market perform from outperform at JMP Securities.
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