The Stocks Wall Street Is Watching
The following stocks may be
impacted due to significant news as noted:
Computer hardware maker Dell
Computer
(
DELL |
Quote |
Chart |
News |
PowerRating) has been upgraded by Bank of America to “buy” from
“market perform” with a 12-month price target of $30.
Online retailer Amazon.com
(
AMZN |
Quote |
Chart |
News |
PowerRating) has had its third-quarter earnings expectations raised by Bear
Stearns by 1 cent per share and a new price target of $19.
Biotech company Forrest Labs
(
FRX |
Quote |
Chart |
News |
PowerRating) has raised its earnings guidance, with profits expected to exceed
a previous estimate of $0.57 by 30%.
Electric utilities company
TXU Corp.
(
TXU |
Quote |
Chart |
News |
PowerRating) has been downgraded by Merrill Lynch to “neutral” from
“buy” with new guidance of $0.20 per share.
Drugmaker Wyeth
(
WYE |
Quote |
Chart |
News |
PowerRating)
has been upgraded by Raymond James to “strong buy” from “market perform” due to
a lack of patent expirations and sales growth.
Also in the drug making biz, Â Alcon
(
ACL |
Quote |
Chart |
News |
PowerRating) has been downgraded by Bank of America to “buy” from “strong buy”
based on the belief that additional multiple expansion will be difficult in the
near-term.