Jefferies Group Lowers Volvo AB (VOLVY) to Hold
Volvo AB (NASDAQ:VOLVY) was downgraded by stock analysts at Jefferies Group from a “buy” rating to a “hold” rating in a research report issued on Tuesday, The Fly reports.
Volvo AB (NASDAQ:VOLVY) remained flat at $8.72 during mid-day trading on Tuesday. Volvo AB has a one year low of $8.59 and a one year high of $13.91. The stock has a 50 day moving average price of $9.55 and a 200 day moving average price of $10.76.
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