Stocks to Watch: Qualcomm, Clorox and More ...
Stocks turned lower Friday as commodity prices continued to surge as investors weighed the effects of potential government shutdown and earnings season, which unofficially begins next week.
The Dow Jones Industrial Average fluctuated a day after a volatile sessiontriggered by news of a second earthquake in Japan on Thursday. The earthquake wasn't as bad as initially feared, and stocks largely recovered by the end of the session, with the Dow falling just 17 points.
Here are six that are on the move:
Qualcomm
The telecom company was upgraded to buy from neutral at MKM Partners, the firm also raising the price target to $63 from $55.
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Clorox
The chemical company was downgraded to neutral from overweight at JPMorgan.
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Pioneer Natural
The oil exploration and production company was trading at all-time highs Friday morning.
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Costco
The big box bulk retailer was downgraded to neutral from buy at Goldman Sachs, the firm citing valuation.
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Patterson UTI Energy
The oil equipment and services company was upgraded to outperform from underperform at Macquarie Research.
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Limited Brands
The clothing retailer was trading at an all-time high, a day after reporting strong same-store sales.
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