HotJobs.com Ltd. (Nasdaq: HOTJ) advanced 1 31/64 to 11 9/16 Wednesday following reports that analyst Kelly Flynn at PaineWebber, Inc. upgraded the stock to buy from neutral.
Flynn expects the stock to reach 15 in a year. Shares of HotJobs, an online employment service, have fallen from a high of 48 last December. The shares reached a 52-week low of 6 3/4 earlier this month.
HotJobs recently completed the acquisition of Resumix, Inc., a maker of staffing management software. The company also hired a new chief executive officer.