Axa (AXA) NewsBite - Axa Rallying on Upgrade

Posted on Wednesday, July 23, 2008 12:25 PM
Axa ADR (AXA) opened at 31.40. So far today, the stock has hit a low of 31.19 and a high of 31.79. AXA is now trading at 31.63, up 0.89 (2.83%). The stock hit its 52 week high of 45.85 in October and set its 52 week low of 26.28 in July. AXA has been losing ground for most of the past year. Shares of Axa have been rallying today following a HSBC Securities analyst's decision to upgrade the stock to "Overweight" from "Neutral." Technical indicators for the stock are bearish and steady while S&P gives AXA a negative 2 STARS (out of 5) sell rating. We will just watch this one for now. There are no trades that we like for AXA. [RHF - Seven Summits Strategic Investments NewsBite]
Stocks To Watch Today: GE, GFI, MS, MI, NYX, ZION, SLW, HNZ, CSIQ, TOT, LO (Click Symbol For Latest News)

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