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Stocks to Watch: Amazon, P&G, Microchip and More...

Six in 60
Six in 60

Stocks opened flat Tuesday, wiping out most of their losses in pre-market trading. However, investors continued to worry over the ongoing euro zone debt crisis and the struggle to break the impasse over a reduction in the U.S. deficit.

The Dow Jones Industrial Average struggled to remain in the positive territory after ending at its lowest level since June 30in the previous session.

Here are six stocks that are on the move:

Amazon
The online retailer was initiated outperform at RW Baird with a $260 price target.

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Proctor & Gamble
The consumer products giant was downgraded to hold from buy at Jefferies while cutting the price target to $71 from $75.

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Sealed Air
The container & packaging company was upgraded to overweight from equal-weight at Barclays Capital while raising the price target to $28 from $23.

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Microchip
The semiconductor manufacturer was downgraded to neutral from buy at UBS.

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International Game Technology
The gaming company was upgraded to buy from neutral at Sterne Agee. The firm cites increased game popularity and share buybacks as the reason for the upgrade.

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Ann Taylor
The women's apparel retailer was downgraded to underweight from neutral at Piper Jaffray.

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