Cullen/Frost (CFR) Downgrade Alert, Watch for 12% Technical Uptrend Reversal
Tuesday, March 9, 2010 - 09:52
Written on Tue, 03/09/2010 - 9:52am
By Chip Brian

Cullen/Frost (NYSE:CFR) downgraded to Hold from Buy at Wunderlich. The stock closed yesterday at $54.99 on volume of 316,496 shares, below average daily volume of 442,259.
Cullen/Frost Bankers is currently above its 50-day moving average of $51.93 and above its 200-day moving average of $49.28.
SmarTrend is bullish on shares of CFR and our subscribers received an Uptrend alert on December 14, 2009 at $49.09, which has returned 12% to date.

Keywords: Stock Alerts price trends technical analysis charting uptrend downtrend stock charts

Ticker(s): CFR

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