Stocks to Watch: Public Storage, Oracle, Southern Union and More...
Stocks were slightly lower Friday after a brief trading halt in some big Italian banks triggered renewed worries over the European debt crisis, but better-than-expected durable good report limited losses.
The Dow Jones Industrial Average slipped, after finishing lower, but off its lows following the Greece deal newsin the previous session.
Here are six stocks that are on the move:
Public Storage
The storage facility owner was upgraded to buy from neutral at Bank of America Merrill Lynch.
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Coach
The clothing & accessories company was downgraded to neutral from overweight at HSBC.
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Exelon
The utility company was initiated outperform at RBC Capital with a $48 price target.
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Oracle
The computer hardware and software firm was trading lower after reporting lower hardware sales, but earnings per share did come in four cents above estimates.
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Smithfield Foods
The food producer was added to the short-term buy list at Deutsche Bank.
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Southern Union
The pipepline company soared more than 15 percent after Williams Companies offered to buy firm for $4.86 billion.
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