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By Chip Brian, SmarTrend Analytics Team
Corporate Executive Board (NASDAQ:EXBD) upgraded to Hold from Sell, $22 target, at Deutsche Bank. The stock closed yesterday at $23.81 on volume of 285,413 shares, above average daily volume of 0.
Corporate Executive Board is currently above its 200-day moving average of $19.53 and should find resistance at its 50-day moving average of $24.83.
SmarTrend is bullish on shares of EXBD and our subscribers received an Uptrend alert on August 04, 2009 at $21.78, which has returned 9.3% to date.
Contact Chip Brian
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