Chevron, Caterpillar, Exxon: Dow Midday Movers
NEW YORK (TheStreet) -- U.S. stocks were falling midday Tuesday as as investors dealt with data showing a decline in small business confidence and growing trepidation over Spain's economic stability.
Shares of Chevron fell 1.53% to $101.91. In the news Tuesday, BP(BP) is in the process of signing a production-sharing agreement with energy company Socar this year regarding the Azeri-Chirag-Guneshli fields, according to Reuters. Chevron is a member of the ACG project.
TheStreet Ratings gives Chevron an A grade with a buy rating and a $131.76 price target.
Exxon is also a part of the ACG. Its shares declined 1.51% to $82.61.
Exxon gets a B+ grade with a buy rating and $102.26 price target from TheStreet Ratings.
Caterpillar shares lost 2.49% to $100.99. TheStreet Ratings gives Caterpillar an A grade with a buy rating and a $122.28 price target.
Pfizer shares rose 1.02% to $22.27. In the news Tuesday, a federal appellate court said that Pfizer can face liability lawsuits from asbestos in insulating products that were made by its subsidiary Quigley, Reuters reported.
TheStreet Ratings gives Pfizer an A- grade with a buy rating and $28.18 price target.
Shares of HP increased 1.69% to $23.53. TheStreet Ratings gives HP a C+ grade and a hold rating.
-- Written by Alexandra Zendrian