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Downgrade Alert for MSCI (MSCI)

By Amy Schwartz

MSCI (NASDAQ:MSCI) was downgraded from Hold to Sell at Evercore ISI today. The stock closed yesterday at $80.10 on volume of 1.9 million shares, above average daily volume of 564,000.

MSCI Inc. provides investment decision support tools to investment institutions worldwide. The Company produces indices and risk and return portfolio analytics for use in managing investment portfolios.

In the past 52 weeks, MSCI share prices have been bracketed by a low of $41.16 and a high of $90.79 and closed yesterday at $80.10, 95% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.3%.

MSCI (NASDAQ:MSCI) is currently priced 10.7% above its average consensus analyst price target of $71.50. MSCI shares have support at the 50-day moving average (MA) of $72.85 and additional support at the 200-day MA of $67.52.

SmarTrend is tracking the current trend status for MSCI and will alert subscribers who have MSCI in their portfolio or watchlist when shares have changed trend direction.

Keywords: analyst upgrades/downgrades

Ticker(s): MSCI