Stocks to Watch: Marathon Oil, Tellabs and More ...
The Dow Jones Industrial Averagerose more than 30 points to surpass the psychologically important 12,000 levelWednesday, after closing largely flat on Tuesday. The last time the Dow closed above the benchmark was June 19, 2008.
Home Depot , DuPont and Alcoa led the blue-chip index higher, while Boeing and Cisco were lower.
So which individual stocks are worth watching today? Here are six that are on the move:
Marathon Oil Corporation
The integrated oil and gas company was upgraded to overweight from equal-weight at Morgan Stanley.
Alaska Air Group, Inc
The airline company was downgraded to hold from buy at Dahlman Rose.
Fifth Third Bancorp
The bank was upgraded to neutral from underweight at JP Morgan. The firm cited better than expected quarterly results and a faster than anticipated repayment of TARP funds.
The telecommunications company was downgraded to hold from buy at Jefferies.
Another telecommunications company was added to the conviction buy list at Goldman Sachs with the price target at $42 per share.
Regions Financial Corporation
The financial holding company was downgraded to market perform from outperform at Bernstein.
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.