Stocks to Watch: Baidu, Kellogg and More ...
Stocks were mixed after a batch of largely stronger earnings reports and as investors turn their attention to how finance ministers from the Group of 20 major advanced and developing countries will address currency tensions as they meet in Korea.
So which individual stocks are worth watching today? Here are six that are on the move:
Baidu
The online marketing company was upgraded to overweight from neutral at Piper Jaffray. The firm raised the price target to $139 from $81.
-----------Wynn Resorts Ltd
The gambling and resort company was downgraded to hold from buy at Soleil Securities. The firm cited valuation as the reason for the downgrade.
-----------UnitedHealth Group
The health care provider was upgraded to outperform from market perform at BMO Capital.
-----------Kellogg
The food manufacturer was downgraded to sector perform from outperform at RBC Capital with the price target cut to $49 from $55.
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Diamond Offshore
The drilling company was upgraded to buy from hold at Dahlman Rose. The firm noted an improving deepwater market.
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Caterpillar
The construction and mining manufacturer was downgraded to market perform from outperform at Raymond James.
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