Stocks to Watch: Lennar, Dell and More ...
Stocks gained on Wednesday, following a modest Tuesday rally, after news private sector employment continues to rise as companies announce fewer layoffs.
The Dow Jones Industrial Average gained more than 50 points after rising Tuesdaydespite significant global headwinds, and mixed economic news.
So which individual stocks are worth watching today? Here are six that are on the move:
Citrix Systems
The software developer was initiated outperform at Morgan Keetan with an $80 price target.
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Lennar
The homebuilder was downgraded to neutral from buy at Ticonderoga Securities, the firm saying Lennar lacks the catalyst needed to continue to outperform.
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Sotheby's
The auction house was trading higher Wednesday morning. Its price target was raised to $57 from $55 at Wedbush, the firm noting good momentum from recent auctions, notably for Asian art.
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Dell
The computer maker was downgraded to hold from buy at Needham.
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Peet's Coffee
The coffee company was upgraded to neutral from sell at Janney Capital.
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Sealy
The bed manufacturer was downgraded to neutral from overweight at Piper Jafray.
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