Continuation Convergys (NYSE:CVG) maintained Neutral, target lowered to $11 from $13, at UBS. The stock closed yesterday at $10.22 on volume of 1,006,600 shares, below average daily volume of 1,027,530.
Convergys is currently below its 50-day moving average of $10.93 and below its 200-day moving average of $11.44.
SmarTrend is bearish on shares of CVG and our subscribers received a Downtrend alert on May 06, 2010 at $11.98, which has returned 14.7% to date.
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