Technicals Say 3Com Will Beat S&P Target
by Sam Collins 10/01/09
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3Com Corp (COMS) -- This company provides enterprise networking solutions worldwide.
The stock has broken from a quadruple-top on high volume supported by a rising Moving Average Convergence/Divergence (MACD).
Recently, S&P raised 3Com to a buy recommendation with a price target of $7. But the technical target is closer to $9.
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