Hewitt Associates (NYSE:HEW) downgraded to Neutral from Outperform at RW Baird. The stock closed yesterday at $49.17 on volume of 9,288,600 shares, above average daily volume of 4,405,164.
Hewitt Associates is currently above its 50-day moving average of $40.47 and above its 200-day moving average of $40.10.
SmarTrend is bullish on shares of HEW and our subscribers received an Uptrend alert on July 12, 2010 at $46.97, which has returned 4.7% to date.
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