Stocks to Watch: Bucyrus, Google, Baidu and More...
Stocks tumbled Friday after employment rose far less than expected, shattering hopes that the economy was starting to regain momentum following a soft patch in the first half of the year.
The Dow Jones Industrial Average slid almost 1 percent after finishing almost 100 points higher in the previous session.
Here are six stocks that are on the move:
TJX Companies
The appararel retailer was upgraded to buy from neutral at Ticonderoga Securities with a price target of $65.
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Eagle Materials
The building materials company was downgraded to neutral from buy at Longbow Research.
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Bucyrus
The mining equipment maker was trading at all-time highs and up nearly 75 percent over the last year.
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Google
The search engine giant was downgraded to equal-weight from overweight at Morgan Stanley saying margins will shrink as it undertakes aggressive hiring and ramps up advertising for new products.
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Baidu
The internet company announced it was restructuring its business into four departments. Its Senior VP of Business Operations is also leaving for personal reasons.
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Merck
The global pharmaceuticals company was one of few bright spots with shares up six percent this month.
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