Stocks to Watch: Sherwin Williams, McDonald's and More ...
Stocks mover lower Wednesday amid mixed earnings results in the financial sector and despite surprisingly strong results out of tech giants IBM and Apple. Goldman Sachs and Wells Fargo.
The Dow Jones Industrial Averageedged lower, after closing at a new 2 1/2-year high on Tuesday.
IBM, Verizon and Johnson & Johnson rose, while American Express and Bank of America fell.
So which individual stocks are worth watching today? Here are six that are on the move:
Sherwin Williams Co.
The building material and fixure manufacturer was trading at all-time highs this Wednesday morning.
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Teekay Tankers Ltd.
The oil equipment and service company was downgraded to underperform from buy at Bank of America Merrill Lynch.
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McDonald's Corporation
The restuarant franchise was added to the US Focus list at Credit Suisse. Their rating was outperform, price target is $87.
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Beazer Homes
The home construction company was downgraded to neutral from buy at UBS. The firm cited valuation as the reason for the downgrade.
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Dollar Tree Stores Inc
The discount store was upgraded to overweight from equal-weight at Morgan Stanley with the price target at $63 per share.
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Legg Mason Inc
The investment service company was downgraded to hold from buy at Stifel Nicolaus.
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