Six in 60 Seconds: KB Home, OpenTable and More...
The Dow and S&P 500 indexes fell on Wednesday after data showed a second straight month of declining US retail sales, though results from technology bellwether Intel helped limit losses on the Nasdaq.
Stocks wavered following six sessions of gains as investors also looked ahead to a statement from the Federal Reserve later Wednesday about the outlook for the US economy. Here are six stocks worth watching:
KB Home
The Los Angeles-based company was upgraded to buy from hold at Stifel Nicolaus.
-----------OpenTable
A provider restaurant reservations, this company was downgraded to market perform from outperform at Morgan Keegan.
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Motorola
The technology company was upgraded to neutral from sell at MKM Partners.
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Sherwin-Williams
The paint manufacturer was downgraded to sell from neutral at Goldman Sachs. The price target was also cut to $71 from $77.
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Principal Financial Group
The asset management company was upgraded to outperform from neutral at Credit Suisse.
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McAfee
The security technology company was downgraded to underperform from outperform at CLSA. Its price target was also cut to $34 from $40.
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