William Blair Gives PetSmart (PETM) An Upgrade

Posted: Friday, November 20, 2009 1:08 PM EDT
By: Market Intelligence Center Staff





PetSmart (PETM) was upgraded today by analysts at William Blair & Company and the stock is now at $25.37, down $0.49 (-1.89%) on volume of 702,544 shares traded. William Blair & Company upgraded the stock today to Outperform from Market Perform. The stock has been moving higher all week before Over the last 52 weeks the stock has ranged from a low of $14.39 last November to a high of $26.85 last month. PetSmart stock has been showing support around $25.00 and resistance in the $26.42 range. Technical indicators for the stock are neutral and S&P gives PETM a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on PETM the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 22.50 range. [ABR-Seven Summits Strategic Investments NewsBite]



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More News For PetSmart (PETM):

PetSmart (PETM) Trading Near $54.28 Resistance Level

Monday, February 13, 2012... PetSmart (NASDAQ:PETM) closed Friday's negative trading session at $53.61. In the past year, the stock has hit a 52-week low of $37.76 and 52-week......

http://www.marketintelligencecenter.com/analyfav/1334135

PetSmart (PETM) Showing Support Near $52.22 With 1.05% Dividend Yield

Tuesday, February 07, 2012... PetSmart (NASDAQ:PETM) closed Monday's sideways trading session at $53.01. In the past year, the stock has hit a 52-week low of $37.76 and 52-week......

http://www.marketintelligencecenter.com/analyfav/1333029

PetSmart (PETM) Trading Near $52.53 Support Level

Wednesday, February 01, 2012... PetSmart (NASDAQ:PETM) closed Tuesday's unsure trading session at $53.22. In the past year, the stock has hit a 52-week low of $37.76 and 52-week......

http://www.marketintelligencecenter.com/analyfav/1331615

PetSmart (PETM) Showing Bullish Technicals But Could Fall Through $52.81 Support

Thursday, January 26, 2012... PetSmart (NASDAQ:PETM) closed Wednesday's dramatic trading session at $54.00. In the past year, the stock has hit a 52-week low of $37.76 and 52-week......

http://www.marketintelligencecenter.com/analyfav/1330333

PetSmart (PETM) Showing Bullish Technicals With 1.05% Dividend Yield

Friday, January 20, 2012... PETsMART Inc (NASDAQ: PETM) closed Thursday's trading session at $54.67. In the past year, the stock has hit a 52-week low of $37.76 and 52-week high......

http://www.marketintelligencecenter.com/analyfav/1329148


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