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Vulcan Materials upgraded to "buy"
Nov, 20 2009
(SmarTrend.com) -- Vulcan Materials (NYSE:VMC) upgraded to Buy from Neutral at UBS. The stock closed yesterday at $49.50 on volume of 1,619,400 shares, above average daily volume of 1,342,035.
Vulcan Materials is currently below its 50-day moving average of $51.67 and should find support at its 200-day moving average of $46.82.
SmarTrend is bearish on shares of VMC and our subscribers received a Downtrend alert on October 01, 2009 at $52.28, which has returned 5.3% to date.
SOURCE: www.mysmartrend.com
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