The Stocks Wall Street Is Watching
The following stocks may be
impacted due to significant news as noted:
Networking company Cisco Systems
(
CSCO |
Quote |
Chart |
News |
PowerRating)
has had its estimates cut by Piper Jaffray with a price target of $11, with the
belief that the company will face a challenging environment going into 2003.
Home retailer Home Depot
(
HD |
Quote |
Chart |
News |
PowerRating) has issued an earnings warning for 2003, with EPS expected to be
$1.53-$1.55 vs. previous estimates of $1.57.
Also in the sector, Lowe’s
Co.
(
LOW |
Quote |
Chart |
News |
PowerRating) has been downgraded by Bank of America to “market perform”
from “buy”.
Drug maker Forest Labs
(
FRX |
Quote |
Chart |
News |
PowerRating)
has raised its earnings guidance for the fiscal third-quarter by 15% due to
strong sales volume.
Dow component and photo giant
Eastman Kodak
(
EK |
Quote |
Chart |
News |
PowerRating) has been upgraded by Deutsche Bank to “buy” from
“hold”.
Pre-market action:
(
FRX |
Quote |
Chart |
News |
PowerRating) +6%,
(
BVF |
Quote |
Chart |
News |
PowerRating) +5%,
(
ELAB |
Quote |
Chart |
News |
PowerRating)
+5%,
(
ADTN |
Quote |
Chart |
News |
PowerRating) +4%.
(
CDN |
Quote |
Chart |
News |
PowerRating) -17%,
(
BUCA |
Quote |
Chart |
News |
PowerRating)
-14%,
(
HD |
Quote |
Chart |
News |
PowerRating) -8.5%,Â
(
THC |
Quote |
Chart |
News |
PowerRating) -6%,
(
SNPS |
Quote |
Chart |
News |
PowerRating) -6%,
(
ENZN |
Quote |
Chart |
News |
PowerRating) -5% .
(
ANPI |
Quote |
Chart |
News |
PowerRating)
-5%,
(
VRST |
Quote |
Chart |
News |
PowerRating) -4.5%,
(
LOW |
Quote |
Chart |
News |
PowerRating) -4.5%,
(
NSDA |
Quote |
Chart |
News |
PowerRating) -3.5%,
(
RSH |
Quote |
Chart |
News |
PowerRating) -1.7%.