Specialist Upgrades: S, C, FB, XLF

New York, NY -- (SBWIRE) -- 01/02/2013 -- Sprint Nextel Corporation (NYSE:S) moved up +1.25% to the closing price of $5.67. The overall volume in the last trading session was 30.44 million shares. Its fifty two week range was $2.10-$6.04. The total market capitalization remained $17.04 billion. Other Key Financials show that S was ahead its 52 week low with 170.00% and its last month price volatility remained 2.25%. Its beta coefficient was 1.11 with a target price of $6.34. In its share capital S has 3.00 billion outstanding shares and all shares have been floated in the market. S has insider ownership of 0.33% with its institutional ownership remained 88.84%. Company’s current year earnings per share grew by 16.79% while the five year EPS growth rate was 73.48%.

What was the Moving Force behind Sprint On Bullish Run? Read This Research Report on Sprint

Citigroup Inc. (NYSE:C) has led all money center banks with around 50% gain for 2012. Standard & Poor’s Rating Services has recently declared that Citi’s announced merger of Citigroup Funding Inc. with Citigroup Inc. has no impact on the ratings on any of the debt issues from Citigroup Funding Inc.

A quick look at Citi’s price history reveals beta used to measure the volatility or systematic risk in comparison to the market as a whole was 1.85 and the percentage change in the price over the past 52 weeks remained at +39.64%. The price range in those 52 weeks had a best score of $40.18 on Dec 20, 2012 while the lowest level during that period was $24.61 on Jun 04, 2012.

How Should Investors React To Citigroup after revealing this news? Find out in This Trend Analysis Report

FB (NASDAQ:FB) which has advanced about 21% during the past three months -- scored a price-target hike to $35 from $29 at J.P. Morgan Securities this morning. (Meanwhile, Cowen and Co started coverage of the stock with a "neutral" rating.) Despite the equity's technical prowess of late, there are still a number of holdouts among the analyst crowd. FB sports 20 "buy" or better recommendations, compared nine "hold" or worse suggestions. This leaves some wiggle room for future upgrades, which could push the shares higher.

How Should Investors React To FB Now? Find Out Here

Financial Select Sector SPDR Fund (NYSE:XLF) seeks to provide investment results that correspond generally to the price and yield performance of the Financial Select Sector Index (the Index). The Index includes companies from the following industries diversified financial services; insurance; commercial banks; capital markets; real estate investment trusts (REITs); consumer finance; thrifts and mortgage finance; and real estate management and development. The Fund’s investment advisor is SSgA Funds Management, Inc.XLF is +0.418 - +2.55% from the previous close of $16.39. It traded between $16.74 - 16.83 with total traded volume of 16781120 shares. At Current Market Price, XLF is in the distance of +5.55% from its 50-day Moving Average price of $15.9241 and +9.14% from its 200-day Moving Average price of $15.4001.

Should A Trader Buy Or Sell XLF Now: CHECK HERE

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