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Univision Communications Is Breaking Out To A New High

(RealTimeTraders.com) - Share Univision Communications Inc (UVN) moved up sharply on Friday following its earnings earnings. Note that on Friday Thomas Weisel Partners reiterated its Outperform ratings on the stock with a $40 price target.

This morning the stock opened unchanged, but has been steadily moving up since on average volume. Currently the stock is gaining 1.05 and trading at a new 52-week high of $34.01 on 263k shares.

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