Stocks to Watch: Norfolk Southern, Dollar Tree, AutoNation and More...
Stocks opened lower Wednesday following an unexpected drop in durable goods orders and as worries escalated over a possible U.S. debt default.
The Dow Jones Industrial Average fell at the open after closing lower for the third-straight session.
Here are six stocks that are on the move:
Norfolk Southern
The was railroad company was upgraded to outperform from market perform at Wells Fargo.
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Charles Schwab
The investment services firm was downgraded to neutral from buy at Ticonderoga Securities.
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Dollar Tree
The discount retailer was upgraded to overweight from neutral at Piper Jaffray with a price target is $87.
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Delta
The airline reported a lower than expected second quarter profit as higher fuel costs offset rising revenue.
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Wabtec
The rail and transit equipment supplier was upgraded to outperform from market perform at Morgan Keegan. The firm also raised the price target to $83 from $68.
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AutoNation
The auto retailer's second quarter profits jumped more than 50 percent on higher new and used vehicle prices.
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