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Liberty All-Star Equity Fund (NYSE:USA) has been upgraded to Outperform in a statement by Credit Suisse Group AG earlier today.

Yesterday Liberty All-Star Equity Fund (NYSE:USA) traded 0.40% higher at $5.09. The company’s 50-day moving average is $5.15 and its 200-day moving average is $5.08. The last closing price is up 0.28% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 148,117 shares of the stock were exchanged, down from an average trading volume of 454,569

Credit Suisse Group AG has upgraded Liberty All-Star Equity Fund (NYSE:USA) to Outperform in a report released on 10/14/2016.

Previously on 09/27/2016, Loop Capital reported on Liberty All-Star Equity Fund (NYSE:USA) raised the target price from $0.00 to $64.00. At the time, this indicated a possible upside of 11.48%.

See Chart Below

Liberty All-Star Equity Fund (NYSE:USA)

Liberty All-Star Equity Fund has a 52 week low of $4.26 and a 52 week high of $5.49 USA’s total market value is presently $0.

Brief Synopsis About Liberty All-Star Equity Fund (NYSE:USA)

Liberty All-Star Equity Fund (the Fund) is a diversified, closed-end management investment company. The Fund seeks total investment return comprising long-term capital appreciation and current income through investing primarily in a diversified portfolio of equity securities. The Fund invests in various sectors, including financials, information technology, healthcare, consumer discretionary, consumer staples, industrials, energy, materials, utilities and telecommunication services. The Fund's investment advisor is ALPS Advisors, Inc. (AAI). Its investment managers include Cornerstone Capital Management LLC (Cornerstone), Aristotle Capital Management, LLC., Pzena Investment Management, LLC (Pzena), and TCW Investment Management Company (TCW). Schneider Capital Management Corporation (Schneider) is the Fund's portfolio manager.

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