Ruby Tuesday (RT) NewsBite - RT Downgraded By Credit Suisse

Posted on Thursday, October 09, 2008 2:03 PM
Ruby Tuesday (RT) was downgraded today by analysts at Credit Suisse and the stock is now at $3.70, down $0.92 (-19.91%) on volume of 2,039,427 shares traded. The analyst downgraded RT to "Neutral" from "Outperform" and lowered its price target to $9 from $11. Over the last 52 weeks the stock has ranged from a low of $4.57 to a high of $19.28. Ruby Tuesday stock has been showing support around $3.89 and resistance in the $5.97 range. Technical indicators for the stock are bearish and S&P gives RT a negative 2 STARS (out of 5) sell ranking. We will just watch this one for now. There are no hedged trades we like the look of for RT. [ABR-Seven Summits Strategic Investments NewsBite]
Stocks To Watch Today: C, TIF, RTP, JCG, HLTH, PDLI, TIE, CAJ, EXM, ILMN, HOC (Click Symbol For Latest News)

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