Aetna (NYSE:AET) upgraded to Neutral from Underperform, $36 target, at BofA/Merrill. The stock closed yesterday at $31.38 on volume of 3,929,853 shares, below average daily volume of 6,499,382.
Aetna is currently above its 50-day moving average of $30.94 and above its 200-day moving average of $28.42.
SmarTrend is bullish on shares of AET and our subscribers received an Uptrend alert on March 03, 2010 at $31.30, which has returned 0.3% to date.
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Ticker(s): AET