Best Buy (BBY) Upgrade Alert, Watch for 5.9% Technical Uptrend Continuation
Friday, March 19, 2010 - 09:12
Written on Fri, 03/19/2010 - 9:12am
By Chip Brian

Best Buy (NYSE:BBY) upgraded to Buy, target raised to $47 from $44, at Goldman Sachs. The stock closed yesterday at $40.45 on volume of 6,618,672 shares, above average daily volume of 6,347,010.
Best Buy is currently above its 50-day moving average of $37.77 and above its 200-day moving average of $38.33.
SmarTrend is bullish on shares of BBY and our subscribers received an Uptrend alert on March 05, 2010 at $38.20, which has returned 5.9% to date.

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

Ticker(s): BBY

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