TD Ameritrade (AMTD) NewsBite - AMTD Price Target Raised

Posted on Thursday, August 28, 2008 10:39 AM

TD Ameritrade (NasdaqNM: AMTD) opened at $20.01. So far today, the stock has hit a low of $19.57 and a high of $20.19. AMTD is now trading at $20.07, up $0.06 (0.3%). Over the last 52 weeks the stock has ranged from a low of $15.06 to a high of $21.24. AMTD shares are trading higher today after an analyst at UBS reiterated a "Neutral" rating on the stock and raised its price target to $21 from $18. Technical indicators for the stock are neutral and S&P gives AMTD a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on AMTD the stock seems like it could be a candidate for a November out-of-the-money bull-put credit spread below the 17.50 range. [ABR-Seven Summits Strategic Investments NewsBite]

Stocks To Watch Today: GE, XTO, TM, GM, KEY, APC, NUE, JCP, DE, CAM, KLAC, NOC (Click Symbol For Latest News)

Enter your email address below and Click on the [Sign Up] button to receive our exclusive daily Morning Market Update plus a FREE password for access to the news, insight and intelligence that can make a difference in the way you invest.

eMail Address:

del.icio.us

Portions of this content may be copywritten by Fresh Brewed Media, Wall Street Secrets Plus, Investors Observer, VHS, LLC., and RealTimeTraders.com. SmartReadMX and related technologies are covered by US Patent Office # 60/631,747.