Airgas (ARG) Downgrade Alert, Watch for 6.9% Technical Uptrend Reversal
Thursday, March 11, 2010 - 11:10
Written on Thu, 03/11/2010 - 11:10am
By Chip Brian

Airgas (NYSE:ARG) downgraded to Hold from Buy, $60 target, at Jefferies. The stock closed yesterday at $65.63 on volume of 1,923,137 shares, above average daily volume of 1,331,946.
Airgas is currently above its 50-day moving average of $53.71 and above its 200-day moving average of $47.19.
SmarTrend is bullish on shares of ARG and our subscribers received an Uptrend alert on February 05, 2010 at $61.40, which has returned 6.9% to date.

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