ConAgra Foods (CAG) Approaches 52 Week High Following Broker Upgrade

Posted: Tuesday, February 09, 2010 12:58 PM EDT
By: Market Intelligence Center Staff





ConAgra Foods (CAG) was upgraded today by analysts at EVA Dimensions, LLC and the stock is now at $23.09, up $0.42 (1.85%) on volume of 1,029,833 shares traded. EVA Dimensions, LLC upgraded the stock today to Buy from Overweight. Over the last 52 weeks the stock has ranged from a low of $14.00 in March to a high of $23.95 in January. ConAgra Foods stock has been showing support around $22.44 and resistance in the $23.10 range. Technical indicators for the stock are neutral and S&P gives CAG a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on CAG the stock seems like it could be a candidate for a June out-of-the-money bull-put credit spread below the 20 range. [ABR-Seven Summits Strategic Investments NewsBite]



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More News For ConAgra Foods (CAG):

ConAgra Foods (CAG) Showing Support Near $26.44 With 3.58% Dividend Yield

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Potential ConAgra Foods (CAG) Trade Has $25.07 Breakeven

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ConAgra Foods (CAG) Could Break Through $27.20 Resistance Level

Wednesday, January 25, 2012... ConAgra Foods Inc. (NYSE: CAG) closed Tuesday's trading session at $27.01. In the past year, the stock has hit a 52-week low of $22.20 and 52-week......

http://www.marketintelligencecenter.com/analyfav/1330068

ConAgra Foods (CAG) Showing Technicals With Support At $26.22

Tuesday, January 03, 2012... ConAgra Foods Inc. (NYSE: CAG) closed Monday's trading session at $26.40. In the past year, the stock has hit a 52-week low of $22.2 and 52-week high......

http://www.marketintelligencecenter.com/analyfav/1325378

ConAgra Foods (CAG) Showing Bullish Technicals But Could Break Through $26.91 Resistance

Wednesday, December 21, 2011... ConAgra Foods Inc. (NYSE: CAG) closed Tuesday's trading session at $26.19. In the past year, the stock has hit a 52-week low of $22.20 and 52-week......

http://www.marketintelligencecenter.com/analyfav/1323202


Hedged Trade Ideas For CAG:

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