Stocks to Watch: Polo, Charles Schwab and More ...
Stocks were trading lower despite news of an unexpected drop in jobless claims and a narrowing of the trade deficit, as investors also focused on how the G20 meeting in Seoul later this week will affect currency prices.
So which individual stocks are worth watching today? Here are six that are on the move:
Polo Ralph Lauren
The apparel designer and retailer was trading at all-time high levels this morning. The hares were up more than 7 percent.
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Charles Schwab Corporation
The financial holding company was downgraded to market perform from outperform at FBR capital.
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Williams-Sonoma Inc
The home products retailer was upgraded to buy from hold at Think Equity. The firm also increased the price target to $40 from 33 per share.
-----------The Warnaco Group Inc
Another clothing manufacturer was downgraded to neutral from buy at Sterne Agee with the shares down about 3 percent today.
The railroad company was upgraded to outperform from market perform at Raymond James.
------------Dean Foods Company
The food and beverage company was downgraded to underperform from neutral at Credit Suisse. The firm cut the price target to $7 from $11. The stock also traded at lows not seen since October 1998.
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