[May 20, 2013] Upgrade Alert for Northrop Grumman (NOC) Tweet May 20, 2013 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- Northrop Grumman (NYSE:NOC) was upgraded from Sell to Fair Value at CRT Capital today. The stock closed yesterday at $82.19 on volume of 5.9 million shares, above average daily volume of 1.6 million. Northrop Grumman Corporation is a global security company. The Company provides systems, products, and solutions in aerospace, electronics, information systems, shipbuilding and technical services to government and commercial customers worldwide. Northrop Grumman share prices have moved between a 52-week high of $83.28 and a 52-week low of $56.59 and are now trading 45% above that low price at $81.88 per share. The 200-day and 50-day moving averages have moved 0.53% higher and 2.04% higher over the past week, respectively. Northrop Grumman (NYSE:NOC) is currently priced 14.1% above its average consensus analyst price target of $70.35. Northrop Grumman shares have support at the 50-day moving average (MA) of $72.29 and additional support at the 200-day MA of $68.42. SmarTrend recommended that subscribers consider buying shares of Northrop Grumman on April 24th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $72.47. Since that recommendation, shares of Northrop Grumman have risen 13.4%. We continue to monitor NOC 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 ]