Friday, November 16, 2007

L-tc Update for 11.16.2007

LOBLAWS - L-TC

Price continues to slide as per previous analysis. Despite the UBS Investment Research Analysts' "neutral" rating and a target of $48.... the technical chart was correct in foretelling a bearish picture for the stock. Current price of $34.54 is $10 dollars lower than the $45 price at the time of initial analyst coverage.

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