NEW YORK (

TheStreet

) -- Stocks were mixed Friday

following a disappointing read on fourth-quarter gross domestic product

.

The

Dow Jones Industrial Average

dropped 74.17 points, or 0.58%, to 12,660.46 Friday. The

S&P 500

fell 2.11 points to 1,316.32 and the

Nasdaq Composite

rose 11.27 points to 2,816.55.

Breadth within the Dow was negative with 27 of the 30 components posting losses.

Intel

(INTC) - Get Report

closed flat.

The biggest percentage decliners among the blue chips were

Chevron

(CVX) - Get Report

,

Exxon Mobil

(XOM) - Get Report

and

Cisco

(CSCO) - Get Report

.

Chevron declined 2.47% to $103.96. Early Friday, the oil giant reported fourth-quarter profit of $5.1 billion, or $2.58 a share, down from $5.3 billion, or $2.64 a share, a year earlier and below analysts' expectations of $2.85 a share.

Upstream earnings

were $5.7 billion, down from $6.2 billion the previous year.

TheStreet Ratings

gives Chevron an A grade and a buy rating with a

$132.42

price target.

Cisco shares fell 1.36% to $19.56 after competitor

Juniper Networks

(JNPR) - Get Report

issued weak first-quarter guidance. Analysts, however, believe Cisco may be taking market share away from

Juniper

.

Cisco gets a B grade and a buy rating from

TheStreet Ratings

with a

$22.86

price target.

Exxon Mobil shares dropped 1.08% to $85.83.

TheStreet Ratings

gives Exxon Mobil a B+ grade and a buy rating with a

$108.59

price target.

Alcoa

(AA) - Get Report

and

United Technologies

were the biggest percentage gainers among the blue chips, although both stocks rose less than 1%.

--

Written by Alexandra Zendrian

.

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Alexandra Zendrian

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.