Bearish MACD for Targacept – Zacks Tale of the Tape
Posted on April 01, 2010 at 12:04 PM EDT
Targacept , Inc. ’s ( TRGT ) MACD indicator has moved into bearish territory with a reading of -0.0355. The Zacks #5 Rank (“Strong Sell") declined slightly to $19.65 in morning trade. The Zacks Consensus Estimate on the company’s earnings for 2010 has reduced by 88 cents over the past 2 months to 11 cents per share. "TRGT" Free Stock Analysis: Buy? Sell? Hold? Zacks Investment Research
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