Stocks to Watch: Dr. Pepper Snapple, Jetblue and More...
Stocks pared earlier losses Tuesday after news factory orders gained in May. Stocks logged their biggest gain last week in almost two years.
The Dow Jones Industrial Average popped into positive territory after closing higher for the fifth session in the previous session.
Here are six stocks that are on the move:
Dr. Pepper Snapple
The soft drink company was trading at all-time highs dating back to May 2008 when it was spun off from Cadbury.
----------
Papa John's
The pizza chain was downgraded to neutral from buy at Suntrust Robinson Humphrey while also reducing estimates citing increased competition and higher cheese prices.
----------
El Paso Electric
The electric company was upgraded to buy from neutral at Goldman Sachs while also raising the price target to $36 from $32.
-----------
Jetblue
The airline was downgraded to underweight from equal-weight at Morgan Stanley, citing concerns over margins and limited growth opportunities.
-----------
Herbalife
The nutritional supplement company was trading at all-time highs dating back to its IPO in December 2004.
----------
KB Home
The homebuilder was downgraded to underperform from market perform at KBW.
______________________________
Get the latest stock picks on the CNBC Stock Blog.
