Spectra Energy (SE) NewsBite - SE Upgraded By RBC Capital Markets
Posted: Tuesday, February 09, 2010 1:12 PM EDT
By: Market Intelligence Center Staff
Spectra Energy (SE) was upgraded today by analysts at RBC Capital Markets and the stock is now at $21.16, up $0.40 (1.94%) on volume of 2,787,535 shares traded. The brokerage upped SE to Outperform from Sector Perform. Over the last 52 weeks the stock has ranged from a low of $11.21 to a high of $23.06. Spectra Energy stock has been showing support around $20.48 and resistance in the $21.30 range. Technical indicators for the stock are neutral and S&P gives SE 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 SE. [ABR-Seven Summits Strategic Investments NewsBite]
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