Chiquita Brands International Inc. (CQB)

[Homard]

(CQB) NewsBite - Buy Rating Boosts CQB
Posted on Friday, March 27, 2009 1:57 PM
Chiquita Brands International (CQB) opened at $6.95. So far today, the stock has hit a low of $6.95 and a high of $7.59. CQB is now trading at $7.23, up $0.21 (2.99%). Over the last 52 weeks the stock has ranged from a low of $4.32 to a high of $25.77. CQB stocks are rising today after an analyst at Standpoint initiated the stock at Buy with an $18 price target. Technical indicators for the stock are bearish and S&P does not currently have a STARS rating for CQB. If you are looking for a hedged play on CQB the stock seems like it could be a candidate for a May out-of-the-money bull-put credit spread below the 5 range. [ABR-Seven Summits Strategic Investments NewsBite]
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