Express Scripts (ESRX) Hits New 52 Week High Following Broker Upgrade
Posted: Friday, March 19, 2010 1:14 PM EDT
By: Market Intelligence Center Staff
Express Scripts (NASDAQ: ESRX) hit a new 52-Week high of $101.11 so far today. Currently the stock is up $0.91 (0.92%) to $100.55 on 1,858,190 shares traded. Today's high is up $57.80 from a 52-Week Low of $42.75. Express Scripts stock has been showing support around $97.95 and resistance in the $100.49 range. Technical indicators for the stock are bullish and S&P gives ESRX a positive 5 STARS (out of 5) strong buy ranking. The stock hit a new 52 week high today after it was upgraded by EVA Dimensions, LLC to Underweight from Sell. 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 85 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Express Scripts (ESRX) Stock ReportSee what our analysts have uncovered about Express Scripts (ESRX).