Bucyrus (NASDAQ:BUCY) upgraded to Conviction Buy from Buy, $80 target, at Goldman. The stock closed yesterday at $65.82 on volume of 2,118,458 shares, below average daily volume of 2,942,229.
Bucyrus International is currently above its 50-day moving average of $60.06 and above its 200-day moving average of $42.54.
SmarTrend is bullish on shares of BUCY and our subscribers received an Uptrend alert on February 12, 2010 at $56.51, which has returned 16.5% to date.
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Ticker(s): BUCY