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Early analyst calls (SINA) (TIVO) (PALM)

UBS cut Palm (NASDSAQ:PALM) from "neutral" to "sell", according to MarketWatch.

Citigroup upgraded Sina (NASDAQ:SINA) from "hold" to "buy" according to Briefing.com. The news service also reports that Tivo (NASDAQ:TIVO) was upgraded to "market perform" from "underperform" by Friedman Billings.

First Analysis Securities downgraded Cbiz (NYSE:CBZ) to "equal weight" from "overweight" according to the AP.

Douglas A. McIntyre is an editor at 247wallst.com.

10 stocks under $10: CBIZ Inc. (CBZ)

Cleveland-based CBIZ Inc. (NYSE: CBZ) offers its services to companies that prefer to outsource some services such as tax preparation, insurance and benefits administration, and IT consulting. The stock has been a strong momentum name in recent months, steadily rising 37% higher since early August. During this monster uptrend, the stock has successfully held the support of its 10-day and 20-day moving averages.

Last Friday (11/16), CBZ overcame its May 2006 peak to topple double-top resistance and hit its highest level since December 1999. Indeed, the shares haven't traded out of single-digit territory since last millennium, but the time could be nigh. In fact, the 10 threshold is less than 10% away.

Daily chart of CBZ since August 2007 with 20-day moving average

Continue reading 10 stocks under $10: CBIZ Inc. (CBZ)

Symbol Lookup
IndexesChangePrice
DJIA+13.4510,304.71
NASDAQ+9.092,175.99
S&P 500+2.201,100.71

Last updated: November 12, 2009: 10:08 AM

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