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Raymond James Upgrades E*TRADE (ETFC) from Underperform to Market Perform

June 24, 2009 11:00 AM EDT
ETFC Hot Sheet
Rating Summary:
    5 Buy, 3 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Following the completition of its 65 million share equity offering earlier, Raymond James has upgraded shares of E*TRADE (Nasdaq: ETFC) from Underperform to Market Perform.

E*TRADE shares are trading moderately higher on the news and upgrade. The stock most recently traded at $1.24, up 2.5% from yesterday's closing price.

To see all the analyst action on shares of E*TRADE, visit our Analyst Ratings page.

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