MARKET PULSE-Groupon, Herbalife, Xencor, Oncomed, Enteromedics
(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock indexes were down on Tuesday. The Dow Jones industrial average was down 0.72 percent at 15,893.4, the S&P 500 was down 0.50 percent at 1,791.96 and the Nasdaq Composite was down 0.41 percent at 4,028.843.
** APPLE INC, $561.2855, +1.82 pct
UBS upgraded the i-Phone maker's stock to "buy" from "neutral" and raised its price target to $650 from $540. The brokerage said the company could be a "growth story" in 2014 with potential double-digit profit growth.
** ABERCROMBIE & FITCH CO, $36.16, +6.29 pct
A shareholder of the company called on the teen apparel retailer to replace its chief executive after his contract expires in February.
** GROUPON INC, $9.08, +3.77 pct Continued...