Burger King (BKC) NewsBite - BKC Downgraded By Wedbush Morgan
Posted: Monday, November 30, 2009 11:13 AM EDT
Burger King (BKC) was downgraded today by analysts at Wedbush Morgan and the stock is now at $17.12, down $0.35 (-2.00%) on volume of 1,238,717 shares traded. The brokerage reduced BKC to Underperform from Neutral. Over the last 52 weeks the stock has ranged from a low of $15.61 to a high of $24.48. Burger King stock has been showing support around $17.24 and resistance in the $17.92 range. Technical indicators for the stock are neutral and S&P gives BKC a neutral 3 STARS (out of 5) hold ranking. We will just watch this one for now. There are no hedged trades we like the look of for BKC. [ABR-Seven Summits Strategic Investments NewsBite]
Click Symbol For More News On: (BKC)
CLICK HERE: FREE Burger King (BKC) Stock ReportSee what our analysts have uncovered about Burger King (BKC).
Limited Time Offer: Click here for “FREE PriceWatch Alerts” on leading stocks from Investors Observer. Get the right investing information at the right time. Give yourself EVERY edge in this market GO »