Career Education (CECO) NewsBite - CECO Upgraded By Barclays Capital

Posted: Friday, November 13, 2009 2:39 PM EDT
By: Market Intelligence Center Staff





Career Education (CECO) was upgraded today by analysts at Barclays Capital and the stock is now at $24.75, up $0.60 (2.48%) on volume of 761,264 shares traded. The analysts upped CECO to Equal Weight from Underweight. Over the last 52 weeks the stock has ranged from a low of $13.26 to a high of $26.53. Career Education stock has been showing support around $23.24 and resistance in the $24.78 range. Technical indicators for the stock are neutral and S&P gives CECO a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on CECO the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 22 range. [ABR-Seven Summits Strategic Investments NewsBite]



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More News For Career Education (CECO):

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Career Education (CECO) NewsBite - CECO Dragged Down By Strayer (STRA) Miss

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