Goodrich (GR) NewsBite - GR Price Target Lifted
Posted: Thursday, December 31, 2009 1:43 PM EDT
By: Market Intelligence Center Staff
Goodrich (NYSE: GR) opened at $65.18. So far today, the stock has hit a low of $64.87 and a high of $65.31. GR is now trading at $65.08, up $0.46 (0.71%). Over the last 52 weeks the stock has ranged from a low of $29.95 to a high of $65.93. Analysts at Broadpoint AmTech Research reiterated GR at Buy today, raising its price target to $80 from $68. Technical indicators for the stock are bullish and S&P gives GR a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on GR the stock seems like it could be a candidate for a May out-of-the-money bull-put credit spread below the 55 range. [ABR-Seven Summits Strategic Investments NewsBite]
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