Callaway Golf (ELY) NewsBite - ELY Upgraded By JMP Securities
Posted: Monday, August 10, 2009 2:14 PM EDT
Callaway Golf (ELY) was upgraded today by analysts at JMP Securities and the stock is now at $7.01, up $0.06 (0.86%) on volume of 805,474 shares traded. The brokerage upgraded ELY to Market Outperform from Market Perform. Over the last 52 weeks the stock has ranged from a low of $4.66 to a high of $15.45. Callaway Golf stock has been showing support around $6.66 and resistance in the $7.12 range. Technical indicators for the stock are bearish and S&P gives ELY 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 ELY. [ABR-Seven Summits Strategic Investments NewsBite]
Click Symbol For More News On:
(ELY)
CLICK HERE: FREE Callaway Golf (ELY) Stock ReportSee what our analysts have uncovered about Callaway Golf (ELY).
Limited Time Offer: Click here for “FREE PriceWatch Alerts” on leading stocks from Investors Observer. Get the right investing information at the right time. Give yourself EVERY edge in this market GO »