Lorillard Inc..’s (LO) MACD indicator has entered into bearish territory with a reading of -0.1424. The Zacks #4 Rank (“Sell”) stock dipped more than 1% to $77.42 in morning trade. The Zacks Consensus Estimate on the company’s earnings for 2010 has reduced by a penny over the past week to $6.32 per share.
“LO” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research