UGI Corporation (UGI) Upgrade Alert, Watch for 1.6% Technical Downtrend Reversal
Thursday, January 21, 2010 - 10:59
Written on Thu, 01/21/2010 - 10:59am
By Chip Brian

UGI Corporation (NYSE:UGI) upgraded to Buy from Hold, $31 target, at Citi. The stock closed yesterday at $24.54 on volume of 864,509 shares, above average daily volume of 580,605.
UGI is currently below its 200-day moving average of $24.68 and should find support at its 50-day moving average of $24.15.
SmarTrend is bearish on shares of UGI and our subscribers received a Downtrend alert on September 01, 2009 at $24.93, which has returned 1.6% to date.

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