a***yst Insight: Citigroup Inc. Ups Price Target on Shares of Corn Products International, Inc.

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a***yst Insight: Citigroup Inc. Ups Price Target on Shares of Corn Products International, Inc.

- 7/28/2010 10:29:19 AM
Citigroup Inc. (NYSE:C) is raising its price target on shares of Corn Products International, Inc. (NYSE:CPO) Wednesday to $39 "as business fundamentals appear to be bouncing back nicely following a difficult 2009," writes Citigroup's David Driscoll.

SmarTrend is bullish on shares of Corn Products International and our subscribers were alerted to buy on July 23, 2010 at $32.84; the stock has risen 3.7% since the alert was issued.

Corn Products International is currently above its 50-day moving average (MA) of $32.43 and above its 200-day of $31.81.

In the last five trading sessions, the 50-day MA has fallen 0.58% while the 200-day MA has risen 0.45%.

Shares of the corn refiner are trading down 1.22% Wednesday morning at $34.09.

Video Length - 63 seconds
Video Tags - shares, stocks, market, comtex, smartrend, analyst, insight, citigroup, inc, corn, products, international, cpo, david, driscoll,

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