THQ (THQI) NewsBite - THQI Upgraded By Sterne Agee
Posted: Thursday, February 04, 2010 1:29 PM EDT
THQ (THQI) was upgraded today by analysts at Sterne Agee and the stock is now at $5.45, up $0.35 (6.86%) on volume of 1,750,982 shares traded. The brokerage lifted THQI to Buy from Neutral. Over the last 52 weeks the stock has ranged from a low of $2.23 to a high of $9.03. THQ stock has been showing support around $4.86 and resistance in the $5.36 range. Technical indicators for the stock are bearish and S&P gives THQI a negative 2 STARS (out of 5) sell ranking. If you are looking for a hedged play on THQI the stock seems like it could be a candidate for a September covered call above the 5 range. [ABR-Seven Summits Strategic Investments NewsBite]
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