Top Performing Industries For June 12, 2014
At 10:25 am, the Dow dropped 0.25% to 16,801.39, the broader Standard & Poor's 500 index moved down 0.29% to 1,938.33 and the NASDAQ composite index fell 0.29% to 4,319.33.
The industries that are still afloat in the market today are:
Dairy Products: This industry rose 1.86% by 10:25 am ET. The top performer in this industry was Dean Foods Company (NYSE: DF), which gained 2.5%. KeyBanc Capital Markets analyst Akshay S. Jagdale reiterated a Buy rating on Dean Foods and lifted the price target from $18.00 to $22.00.
Home Furnishing Stores: The industry gained 1.78% by 10:25 am. The top performer in this industry was Restoration Hardware Holdings (NYSE: RH), which gained 13.5%. Restoration Hardware reported stronger-than-expected first-quarter earnings. The company's adjusted earnings came in at $0.18 per share, topping analysts' expectations of $0.11 per share.
Diversified Computer Systems: This industry moved up 1.52% by 10:25 am. The top performer in this industry was Hewlett-Packard Company (NYSE: HPQ), which gained 1.6%. Goldman Sachs upgraded Hewlett-Packard from Sell to Neutral and raised the price target from $25.00 to $32.00.
Drug Manufacturers - Other: This industry jumped 1.13% by 10:25 am. The top performer in this industry was Amarin Corporation plc (NASDAQ: AMRN), which rose 5.5%. On Wednesday, Amarin announced positive results from case study.
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