CNBC's Stock Pops & Drops From March 16

Dan Nathan spoke on CNBC's Stock Pops & Drops about a 2.11 percent increase in price in Procter & Gamble Co PG. He explained that the stock traded higher on a mention of a spinoff of its beauty brands. Tim Seymour said that Union Pacific Corporation UNP got an upgrade from Macquarie Group and it jumped 1.92 percent. He thinks that the stock is doing well in current environment and that it has a pricing power. Seymour added that the range for the stock is $114 to $122 and he wouldn't do anything on Tuesday. JetBlue Airways Corporation JBLU gained 3.20 percent on an upgrade by Raymond James, said Guy Adami. Its price target was increased to $22 and Adami believes that it might reach the target. Pete Najarian sees opportunity in E I Du Pont De Nemours And Co DD on a pullback. The stock dropped 4.26 percent on a rejection of Nelson Peltz as a board member.
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Posted In: CNBCMediaDan NathanGuy AdamiPete NajarianTim Seymour
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