J Crew (NYSE:JCG) downgraded to Hold from Buy, $50 target, at Citigroup. The stock closed yesterday at $45.61 on volume of 2,037,167 shares, above average daily volume of 1,518,032.
J Crew is currently above its 50-day moving average of $41.80 and above its 200-day moving average of $35.62.
SmarTrend is bullish on shares of JCG and our subscribers received an Uptrend alert on March 01, 2010 at $42.38, which has returned 7.6% to date.
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Ticker(s): JCG