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Stocks to Watch: TJX, Transocean and More...

CNBC.com
Thursday, 12 May 2011 | 10:48 AM ET
Six in 60
Six in 60

Stocks fell at the open after the release of a slew of mixed economic data including news that jobless claims fell, but remain high, and retail sales are slowing.

The Dow Jones Industrial Average fell more than 30 points after droppingabout 1 percent on Wednesday as commodity prices tumbled on news that demand for oil and gasoline has slacked amid soaring prices. Global markets continued the sell-off after U.S. markets closed.

Here are six stocks that are on the move:

TJX Companies
The retail holding company was initiated buy at UBS with a $63 price target.

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Tim Hortons
The fast food chain reported a higher quarterly profit, but missed market estimates as sales in Canada were hurt by unfavorable weather.

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Transocean
The drilling company was upgraded to neutral from sell at JPMorgan, with the price target remaining at $70.

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Choice Hotels
The hotel franchisor was downgraded to hold from buy at Argus Research.

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Allegheny Tech
The metal producer was upgraded to buy from neutral at Goldman Sachs, the firm also raising Allegheny's price target to $90 from $65.

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Dollar Tree
The discount retail chain was trading at highs not seen since its IPO in March, 1995.

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  Price   Change %Change
DJIA
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ATI
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CHH
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DLTR
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RIG
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THI
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TJX
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