The Stocks Wall Street Is Watching
The following stocks may be
impacted due to significant news as noted:
Financial services company
American Express
(
AXP |
Quote |
Chart |
News |
PowerRating) has been downgraded by Deutsche Bank to “hold”
from “buy” due to valuation.
Investment bank JP Morgan
(
JPM |
Quote |
Chart |
News |
PowerRating) has been downgraded by Merrill Lynch to “neutral” from “buy” and has
lowered its price target to $25.
Gold mining company Harmony
Gold Mining Co.
(
HGMCY |
Quote |
Chart |
News |
PowerRating) received positive comments form Barron’s over
the weekend, who claimed gold is due for a comeback that will last at least two
years.
Biotech company Genentech
(
DNA |
Quote |
Chart |
News |
PowerRating) has won a lawsuit filed against it by Chiron over patent violations
for breast cancer drug Hercepti.
Food company Hershey Foods
(
HSY |
Quote |
Chart |
News |
PowerRating) has been downgraded by Merrill Lynch to “neutral” from “buy” based on
valuation.