CIT Group (CIT) NewsBite - CIT Downgraded By Credit Suisse

Posted: Friday, April 24, 2009 1:12 PM EDT
By: Market Intelligence Center Staff





CIT Group (CIT) was downgraded today by analysts at Credit Suisse and the stock is now at $2.42, down $0.36 (-12.95%) on volume of 37,921,628 shares traded. The analysts downgraded CIT to Neutral from Outperform. Over the last 52 weeks the stock has ranged from a low of $1.65 to a high of $13.26. CIT Group stock has been showing support around $2.13 and resistance in the $3.77 range. Technical indicators for the stock are neutral and S&P gives CIT a neutral 3 STARS (out of 5) hold ranking. We will just watch this one for now. There are no hedged trades we like the look of for CIT. [ABR-Seven Summits Strategic Investments NewsBite]



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More News For CIT Group (CIT):

CIT Group (CIT) Showing Bullish Technicals With Resistance At $41.68

Thursday, February 09, 2012... CIT Group Inc. (NYSE: CIT) closed Wednesday's trading session at $41.20. In the past year, the stock has hit a 52-week low of $27.68 and 52-week high......

http://www.marketintelligencecenter.com/analyfav/1333623

CIT Group (CIT) Jumps 3.1% After Pricing Debt Offering

Friday, February 03, 2012... CIT Group (NYSE: CIT) rose Friday after the company was able to price an offering of $3.25 billion in second priority secured notes at par. The......

http://www.marketintelligencecenter.com/newsbites/1332493

CIT Group (CIT) Trading Near $39.68 Resistance Level

Thursday, February 02, 2012... CIT Group (NYSE:CIT) closed Wednesday's positive trading session at $39.05. In the past year, the stock has hit a 52-week low of $27.68 and 52-week......

http://www.marketintelligencecenter.com/analyfav/1331941

CIT Group (CIT) Adds 1.5% On Solid Growth in New Business Volume

Tuesday, January 31, 2012... CIT Group (NYSE: CIT) was higher Tuesday after the company's 17 cent EPS came in ahead of estimates. New business volume increased by 92% from the......

http://www.marketintelligencecenter.com/newsbites/1331560

CIT Group (CIT) Showing Bullish Technicals With Resistance At $38.59

Friday, January 27, 2012... CIT Group (NYSE:CIT) closed Thursday's unfavorable trading session at $38.00. In the past year, the stock has hit a 52-week low of $27.68 and 52-week......

http://www.marketintelligencecenter.com/analyfav/1330733


Hedged Trade Ideas For CIT:

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