Equity One (EQY) NewsBite - EQY Trading Higher Following Citigroup Upgrade

Posted: Friday, November 06, 2009 2:14 PM EDT

Equity One (EQY) was upgraded today by analysts at Citigroup and the stock is now at $15.40, up $0.40 (2.67%) on volume of 214,582 shares traded. Citigroup upgraded the stock today to Buy from Hold. Over the last 52 weeks the stock has ranged from a low of $9.06 in March to a high of $19.95 in December. Equity One stock has been showing support around $14.13 and resistance in the $15.67 range. Technical indicators for the stock are neutral and S&P gives EQY 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 EQY. [ABR-Seven Summits Strategic Investments NewsBite]

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