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Stocks to Watch: Cummins, Pier 1 Imports and More ...

Six in 60
Six in 60

Stocks dropped after economic news released Thursday gave investors pause a day after the market reached new multi-year highs.

The Dow Jones Industrial Average dropped more than 20 points after hitting a two-year high on Wednesday.

So which individual stocks are worth watching today? Here are six that are on the move:

Cummins Inc
The commercial vehicle and truck manufacturer's price target raised to $125 from $116 at UBS. The firm said they expect monthly orders to remain strong in the first quarter.

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Pier 1 Imports Inc
The home improvement retailer was downgraded to hold from buy at BB&T Capital Markets with shares down nearly 5% Thursday.

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Whole Foods Market Inc
The natural foods supermarket was trading at levels not seen in more than three years.

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Range Resources Corporation
The natural gas company are big players in the natural gas market. The company was downgraded to sell from hold at Citi.

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The Goldman Sachs Group Inc
The investment banking firm was initiated buy at Collins Stewart with a $205 price target.

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Ultimate Software Group Inc
The software company's shares were down 3% Thursday after the company said they have no plans to put itself up for sale.

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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.