Stocks to Watch: Madison Square Garden, Sonic and More ...
Stocks continued to trade mixed despite further evidence from leading indicators that the economy is recovering, and as strong earnings by tech leaders nudged the Nasdaq slightly higher.
The Dow Jones Industrial Average fell more than 40 points after a modest rise to a new high on Thursday.
The supplier of healthcare information technology was trading at all-time high levels on Friday. The shares were up more than 2% Friday.
NASDAQ OMX Group
The global exchange group was downgraded to market perform from outperform at FBR Capital.
Madison Square Garden
MSG was initiated buy at Bank of America Merrill Lynch with a $31 price target.
The gaming company was downgraded to underperform from market perform at BMA Capital.
The chain of drive-in restaurants was upgraded to outperform from neutral at Cowen and Company. The shares were up more than 6% Friday.
The membership warehouse company was trading at levels not seen since July 2008.
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