Stocks to Watch: Cummins, Pier 1 Imports and More ...

Six in 60
Six in 60

Stocks dropped after economic news released Thursday gave investors pause a day after the market reached new multi-year highs.

The Dow Jones Industrial Average dropped more than 20 points after hitting a two-year high on Wednesday.

So which individual stocks are worth watching today? Here are six that are on the move:

Cummins Inc
The commercial vehicle and truck manufacturer's price target raised to $125 from $116 at UBS. The firm said they expect monthly orders to remain strong in the first quarter.


Pier 1 Imports Inc
The home improvement retailer was downgraded to hold from buy at BB&T Capital Markets with shares down nearly 5% Thursday.


Whole Foods Market Inc
The natural foods supermarket was trading at levels not seen in more than three years.

Range Resources Corporation
The natural gas company are big players in the natural gas market. The company was downgraded to sell from hold at Citi.


The Goldman Sachs Group Inc
The investment banking firm was initiated buy at Collins Stewart with a $205 price target.


Ultimate Software Group Inc
The software company's shares were down 3% Thursday after the company said they have no plans to put itself up for sale.


Get the latest stock picks on the CNBC Stock Blog, and see what analysts and others are watching before the bell each day at Analyst Watch.