Express Scripts (ESRX) Upgraded By Thomas White/Global Capital
Posted: Monday, March 08, 2010 1:46 PM EDT
Express Scripts (ESRX) was upgraded today by analysts at Thomas White/Global Capital and the stock is now at $98.39, down $1.06 (-1.06%) on volume of 926,097 shares traded. Thomas White/Global Capital upgraded the stock today to Most Favorable from Favorable. Over the last 52 weeks the stock has ranged from a low of $42.75 last March to a high of $99.58 last week. Express Scripts stock has been showing support around $98.13 and resistance in the $100.17 range. Technical indicators for the stock are bullish and S&P gives ESRX a positive 5 STARS (out of 5) strong buy ranking. If you are looking for a hedged play on ESRX the stock seems like it could be a candidate for a May out-of-the-money bull-put credit spread below the 80 range. [ABR-Seven Summits Strategic Investments NewsBite]
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