Precision Castparts Corp. (NYSE:PCP) shares saw unusually-strong trading volume on Tuesday after DA Davidson raised their price target on the stock from $220.00 to $235.00, Marketbeat.com reports. DA Davidson currently has a neutral rating on the stock. Approximately 4,009,190 shares were traded during trading, an increase of 68% from the previous session’s volume of 2,385,996 shares.The stock last traded at $230.87 and had previously closed at $230.92.
PCP has been the subject of a number of other research reports. JPMorgan Chase & Co. assumed coverage on Precision Castparts Corp. in a research note on Tuesday, July 14th. They set a “neutral” rating and a $225.00 price objective
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via Precision Castparts Corp. Sees Strong Trading Volume Following Analyst Upgrade (PCP).