Square Inc stock is trading inside a Bull Flag pattern as analysts at Citigroup raised Square's price target to $38 from $30 on October 18, 2017. The $38 price target represents 16.9% upside from its current price. Citigroup reiterated its Buy rating on the stock.
KeyCorp stock flushed today forming a bullish hammer, inside a Bullish Flag pattern. KeyCorp had its Buy rating reaffirmed by Keefe, Bruyette & Woods. Keefe has a price target of $21 on the stock which represents 13% upside from the previous close of $18.58.
USANA Health Sciences' stock has formed a positive divergence on large players volume. The price action has faded over the last couple of weeks into what could be a bullish flag channel. I bought some USANA Health Sciences in my personal trading account this morning.
The 3 month change in institutional ownership is +8.02% which suggests institutional traders are accumulating this stock.
Creative Planning increased its stake in USANA Health Sciences by a whopping 528% in Q2. Victory Capital increased its stake in USANA by 124.7% in Q1. Eqis Capital acquired a new position in USANA in the Q2 worth $210,000. Nine Chapters Capital acquired a new position in USANA in Q1 worth $207,000. KCG Holdings Inc. acquired a new position in USANA in Q1 worth $248,000. Institutional investors and hedge funds own 46.3% of the company’s stock.
On August 18, 2017, USANA announced that it would expand in four European countries beginning mid-year 2018. These four new markets constitute of Romania, Germany, Italy, and Spain.
USANA Health Sciences was recently honored by inclusion in Utah Business Magazine's Fast 50 list. This year marks the 10th consecutive time the company has made the list of fastest growing companies in Utah. USANA finished ranked number 49 on the list.