HEADLINE STOCKS-U.S. stocks to watch on May 29
(Updates prices, adds Office Depot, Yingli Green Energy, Lexmark International)
NEW YORK, May 29 (Reuters) - Some U.S. stocks to watch on Friday:
OFFICE DEPOT INC (ODP.N)
Shares of Office Depot (ODP.N) rose 10.3 percent to $4.83
after JP Morgan raised its rating on the office supplier to
"overweight" from "neutral," citing a moderately better
economic outlook. The analysts raised their price target on the
stock to to $8 from $5. See [nBNG452814]
YINGLI GREEN ENERGY (YGE.N)
Shares in Yingli Green Energy YGE.0 rose 6.3 percent to $12.67 after Barclays raised its price target on the stock to $15 from $12. The analysts have an "overweight" rating on the stock.
LEXMARK INTERNATIONAL INC (LXK.N)
Shares of Lexmark International (LXK.N) rose 8.2 percent to
$16.48 after Barclays raised the laser printer maker to "equal
weight" from "underweight" on Friday.
DELL INC (DELL.O)
Shares of world No. 2 PC maker Dell Inc (DELL.O) rose 2
percent to $11.71 on Friday, the day after its quarterly profit
narrowly beat expectations even as the global economy slump
hurt technology spending.
For details, see [ID:nN28362922].
MORGAN STANLEY (MS.N)
Shares of Morgan Stanley rose 2.1 percent to $30.05 before after Fox-Pitt raised its share price target and earnings estimates on the bank.
For details, see [ID:nWNAB4587].
TIFFANY & CO (TIF.N)
Shares of upscale retailer Tiffany & Co fell 2 percent to $27.57 after it posted a lower-than-expected quarterly profit as shoppers curbed spending on jewelry, but the company kept its full-year forecast.
For details, see [ID:nN29353279].
J CREW GROUP INC (JCG.N)
Shares of J Crew surged 22 percent to $24.94 after the upscale apparel retailer's profit surpassed analyst expectations and it forecast a surprise second-quarter profit.
For details, see [ID:nN28362389]. (Reporting by Leah Schnurr and Edward Krudy)
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