Legg Mason (LM) Upgrade Alert, Watch for 112.9% Technical Uptrend Continuation
Oct 23, 2009 (SmarTrend(R) Spotlight via COMTEX) --
Company: Legg Mason, Inc. (LM)
Legg Mason (NYSE:LM) upgraded to Neutral from Underperform at Credit Suisse. The stock closed yesterday at $30.71 on volume of 4,784,900 shares, above average daily volume of 2,975,423.
Legg Mason is currently above its 50-day moving average of $29.79 and above its 200-day moving average of $22.31.
SmarTrend is bullish on shares of LM and our subscribers received an Uptrend alert on March 13, 2009 at $14.43, which has returned 112.9% to date.
Write to Chip Brian at cbrian@tradethetrend.com
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Company: Legg Mason, Inc. (LM)
Related terms: market, nyse, securities
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