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TrueBlue Bucks Trend

TrueBlue Bucks Trend

Shares of US based TrueBlue Inc previously Labor Ready surged 40% yesterday after the provider of temporary blue-collar workers posted a surprise second-quarter profit and forecast a strong third quarter, prompting at least two brokerages to upgrade the stock. "Although we cannot call the end of the recession, we certainly believe the worst is behind TrueBlue and the sector," said analyst Jeffrey Silber of BMO Capital Markets, who upgraded the stock to "outperform" from "market perform".

Analyst Mark Marcon of Robert W. Baird also upgraded TrueBlue shares to "outperform" from "underperform."

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