Stocks to Watch: Suntech, Decker's and More ...
Stocks gained after a surprisingly upbeat report from the housing market and as a stream of stronger-than-expected retail sales reports signaled a bright start to the holiday season.
The positive tone comes a day after the market surged more than 2 percent, an unexpected rise jobless claims, and a lack of comment from the European Central Bank on increasing government bond purchases.
So which individual stocks are worth watching today? Here are six that are on the move:
Suntech Power Holdings Co Ltd
The renewable energy equipment company was upgraded to buy from hold at Auriga. The firm also increased the price target to $11 from $9.
The internet-based software company was downgraded to market perform from outperform at FBR Capital.
Decker's Outdoor Corp
The footwear company's price target increased to $90 from $68 at Barclays Capital. The stock was also one of Art Hogan's recent picks.
Cypress Semiconductor Corp
The semiconductor company was initiated buy at Collins Stewart with an $18 price target.
Bucyrus International Inc
The mining equipment company was downgraded to neutral from buy at Goldman Sachs.
The restaurant reservation website's price target raised to $83 from $72 at Think Equity. The firm thought the company was on track to meet or exceed its revenue estimates for the fourth quarter.
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.