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Downgrade Alert for Copa Holdings (CPA)
[February 07, 2013]

Downgrade Alert for Copa Holdings (CPA)

Feb 07, 2013 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- Copa Holdings (NYSE:CPA) was downgraded from Buy to Neutral at UBS today. The stock closed yesterday at $109.31 on volume of 224,000 shares, below average daily volume of 320,000. In the past 52 weeks, Copa Holdings share prices have been bracketed by a low of $67.37 and a high of $111.55 and closed yesterday at $111.05, 65% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.0%.

There is potential upside of 4.6% for shares of Copa Holdings based on a current price of $111.05 and an average consensus analyst price target of $116.13. The stock should find initial support at its 50-day moving average (MA) of $101.23 and further support at its 200-day MA of $87.14.

Copa Holdings SA provides international airline passenger and cargo service. The Company provides scheduled flights to countries in North, Central and South America and the Caribbean. The Company also has codeshare arrangements with Continental Airlines.


SmarTrend recommended that subscribers consider buying shares of Copa Holdings on August 3rd, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $79.20. Since that recommendation, shares of Copa Holdings have risen 40.2%. We continue to monitor CPA for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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