Innovation Update

Morning Playbook: Dividend.com

Stock quotes in this article: HPQ , ADI , BJ , TGT , MSFT , DIS , SKS , CBS  

It appears that we are set for another day of selling after overseas markets were hit fairly hard, especially China. Take a look at today's names that are in the news.

Story Stocks

Hewlett-Packard(HPQ Quote): Shares are dropping following company's disappointing results.

Analog Devices(ADI Quote): Stock is down despite company beating and raising guidance.

BJ's Wholesale Club(BJ Quote): Shares are down slightly after company beats estimates.

Deere & Co.(DE Quote): Stock is lower after company issues cautious guidance.

Flowers Foods(FLO Quote): Shares are lower after company lowers full-year forecast.

Eaton Vance(EV Quote): Shares are flat following company's earnings results.

Upgrades to Watch

Target(TGT Quote): Piper Jaffray upgrades stock to an overweight. $52 price target.

Microsoft(MSFT Quote): AmTech raises stock to a buy.

CBS Corporation(CBS Quote): UBS raises estimates.

Walt Disney(DIS Quote): Janney Montgomery Scott initiates stock with a buy.

Saks(SKS Quote): Goldman Sachs raises estimates. $5.50 price target.

Netflix(NFLX Quote): Kaufman Brothers upgrades stock to a buy. $53 price target.

Harsco(HSC Quote): KeyBanc raises stock to a buy.

Freeport McMoran(FCX Quote): Goldman Sachs adds stock to "conviction" buy list. $90 price target.

Kulicke & Soffa(KLIC Quote): Jefferies initiates coverage with a buy.

Home Depot(HD Quote): Barclays Capital raises estimates. $29 price target.

Diamond Offshore(DO Quote): MKM Partners starts coverage with a buy. $130 price target.

Transocean Ltd.(RIG Quote): MKM Partners starts coverage with a buy. $110 price target.

Downgrades to Watch

Alcoa(AA Quote): Goldman Sachs cuts stock to a neutral. $13 price target.

Cigna(CI Quote): Credit Suisse cuts stock to a neutral. $32 price target.

Lowe's(LOW Quote): FBR Capital Markets cuts price target to $22.

Hess Corp(HES Quote): Goldman Sachs removes stock from "conviction" buy list. $75 price target.

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