Upgrade Alert for E*Trade Financial (ETFC)

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E*Trade Financial (NASDAQ:ETFC) was upgraded from Underperform to Outperform at CLSA today. The stock closed yesterday at $10.67 on volume of 5.8 million shares, above average daily volume of 5.5 million.E*Trade Financial share prices have moved between a 52-week high of $16.83 and a 52-week low of $7.42 and closed yesterday at 44% above that low price at $10.67 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has slid 0.6%.E*Trade Financial (NASDAQ:ETFC) defies analysts with a current price ($10.67) 0.8% above its average consensus price target of $10.58. E*Trade Financial shares have support at the 50-day moving average (MA) of $10.26 and additional support at the 200-day MA of $10.19.

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