Stocks to Watch: Delta, CVS and More ...
Stocks traded mixed on Monday as investors digested strong earnings and economic news, but remained queasy about the events unfolding in Egypt.
The Dow Jones Industrial Averagerose more than 25 points after gaining more than 40 points at the open. The more hesitant tone comes after the markets tumbled on Friday, as the Dow fell 1.4 percent and the S&P fell 1.8 percent, its worse decline since August 11.
Among Dow components, AlcoaTravelers and Exxon Mobil rose Monday, while Intel sank.
So which individual stocks are worth watching today? Here are six that are on the move:
Delta Air Lines Inc.
The airline company was upgraded to buy from neutral at Bank of America Merrill Lynch.
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CVS Caremark Corporation
The drug retailer was downgraded to market perform from outperform at Bernstein. The firm cited valuation as the reason for the downgrade.
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Roper Industries Inc
The electronic equipment manufacturer was trading at levels not seen since its IPO in 1992. The shares were up more than 3 percent Monday.
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Penn National Gaming
The gaming company was downgraded to hold from buy at Keybanc.
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Home Depot Inc
The home improvement retailer was upgraded to buy from neutral at Goldman Sachs. The firm also increased the price target to $42 from $37.
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Apache Corp
This energy company has some exploration and production interests in Egypt. The company has removed from the conviction buy list at Goldman Sachs.
And here's two bonus stocks:
Genzyme Corp
This biotechnology company was up more than 2 percent on reports that it has reached a buyout deal with Sanofi Aventis.
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Sanofi Aventis
This pharmaceutical company was also trading higher Monday on those reports, up almost 3 percent.
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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.
