St. Mary Land (NYSE:SM) upgraded to Outperform from Market Perform, $44-48 target, at Wells Fargo. The stock closed yesterday at $36.11 on volume of 781,300 shares, above average daily volume of 767,664.
St Mary Land & Exploration is currently above its 50-day moving average of $34.68 and above its 200-day moving average of $29.70.
SmarTrend is bullish on shares of SM and our subscribers received an Uptrend alert on February 17, 2010 at $34.40, which has returned 5% to date.
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Ticker(s): SM