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ANSYS (ANSS) Upgrade Alert, Watch for 17.7% Technical Uptrend Continuation

Oct 21, 2009 (SmarTrend(R) Spotlight via COMTEX) --

Company: ANSYS, Inc. (ANSS)

ANSYS (NASDAQ:ANSS) upgraded to Buy, $45 target, at Kaufman. The stock closed yesterday at $41.50 on volume of 376,500 shares, below average daily volume of 574,480.

ANSYS is currently above its 50-day moving average of $37.56 and above its 200-day moving average of $29.84.

SmarTrend is bullish on shares of ANSS and our subscribers received an Uptrend alert on August 06, 2009 at $35.26, which has returned 17.7% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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News Provided by COMTEX

Company: ANSYS, Inc. (ANSS)


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