Collective Brands (NYSE:PSS) downgraded to Hold from Buy, $26 target, at Soleil. The stock closed yesterday at $24.15 on volume of 1,043,567 shares, below average daily volume of 1,075,729.
Collective Brands is currently above its 50-day moving average of $21.61 and above its 200-day moving average of $18.33.
SmarTrend is bullish on shares of PSS and our subscribers received an Uptrend alert on February 16, 2010 at $21.36, which has returned 13.1% to date.
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Ticker(s): PSS