Stocks to Watch: Avon Products, Herbalife and More ...
Stocks slightly pared losses after a solid gain in factory orders, and following a mixed batch of earnings reports, as investors took a step back after sending the market to multi-year highs in April.
The Dow Jones Industrial Average rose more than 10 points afteredging slightly lower on Monday, reversing earlier gains following the announcement of Osama Bin Laden’s death.
Among Dow components, Pfizer, Chevron and Intel fell, while Verizon and AT&T gained.
The network marketing company was trading at all-time highs not seen since its initial public offering in December 2004.
The Sunnyvale, Calif.-based company, which develops and sells networking and communication devices, was downgraded to market perform from outperform at First Global.
The beauty products company's first quarter earnings more than tripled as the company improved its margins and lowered advertising costs.
The electronic equipment maker was upgraded to outperform from market perform at Bernstein.
The the food company was removed from the short-term buy list at Deutsche Bank.
The oil and gas company's price target was raised to $150 from $130 at Oppenheimer as a result of higher oil prices and increased production.
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