Netezza Corporation (NZ) NewsBite - NZ Upgraded By Roth Capital

Posted: Monday, September 14, 2009 1:28 PM EDT

Netezza Corporation (NZ) was upgraded today by analysts at Roth Capital and the stock is now at $10.55, up $0.83 (8.54%) on volume of 1,028,248 shares traded. The analysts upgraded the stock to Buy from Hold. Over the last 52 weeks the stock has ranged from a low of $4.78 to a high of $13.25. Netezza Corporation stock has been showing support around $9.33 and resistance in the $10.19 range. Technical indicators for the stock are bullish and S&P does not currently have a STARS rating for NZ. If you are looking for a hedged play on NZ the stock seems like it could be a candidate for a February covered call above the 10 range. [ABR-Seven Summits Strategic Investments NewsBite]

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