[May 02, 2013] Upgrade Alert for Cbeyond (CBEY) Tweet May 02, 2013 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- Cbeyond (NASDAQ:CBEY) was upgraded from Underperform to Neutral at DA Davidson today. The stock closed yesterday at $8.64 on volume of 259,000 shares, above average daily volume of 157,000. Cbeyond share prices have moved between a 52-week high of $10.19 and a 52-week low of $5.61 and closed yesterday at 54% above that low price at $8.64 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.5%. Cbeyond, Inc. offers telecommunications services to small businesses. The Company offers local and long distance telephone services, T-1 Internet access, and Internet-based applications. Cbeyond (NASDAQ:CBEY) is currently priced 3.4% above its average consensus analyst price target of $8.35. Cbeyond shares have support at the 200-day moving average (MA) of $8.14 and additional support at the 50-day MA of $7.63. SmarTrend recommended that subscribers consider buying shares of Cbeyond on April 12th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $8.00. Since that recommendation, shares of Cbeyond have risen 8.0%. We continue to monitor CBEY for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- 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 [ Back To TMCnet.com's Homepage ]