Monday, November 8, 2010

Analyst Actions on Chinese Stocks: ADY, CAGC, CCSC, CISG, HMIN, HOGS, HTHT, JADE ... (Nov 8, 2010)

Below are today's Analyst Actions on U.S.-Listed Chinese Stocks.

Rodman & Renshaw maintained Market Outperform rating and $14 price target on American Dairy, Inc. (NYSE:ADY). Global Hunter Securities maintained Buy rating and $20 price target on China Agritech Inc. (NASDAQ:CAGC). Bank of America initiated coverage of Country Syl Ckng Restaurant Chain Co Ltd (NYSE:CCSC) with Neutral rating and $31.8 price objective. Piper Jaffray initiated coverage of Country Syl Ckng Restaurant Chain Co Ltd (NYSE:CCSC) with Neutral rating and $27 price target. Cowen and Company initiated coverage of Country Syl Ckng Restaurant Chain Co Ltd (NYSE:CCSC) with Neutral rating. Morgan Stanley maintained Overweight rating and $36 price target on CNinsure Inc. (NASDAQ:CISG). Brean Murray reiterated Buy rating and $34 price target on CNinsure Inc. (NASDAQ:CISG). Oppenheimer & Co. maintained Outperform rating on Home Inns & Hotels Management Inc. (NASDAQ:HMIN), and raised price target from $46 to $50. Roth Capital Partners, Inc. maintained Buy rating and $18 price target on Zhongpin Inc. (NASDAQ:HOGS). Oppenheimer & Co. maintained Outperform rating on China Lodging Group, Ltd (NASDAQ:HTHT), and raised price target from $20 to $23.5. Roth Capital Partners reiterated Buy rating and $7 price target on LJ International, Inc. (NASDAQ:JADE). Cowen and Company reiterated Outperform rating on China Kanghui Holdings (NYSE:KH). Oppenheimer & Co. maintained Perform rating on Mindray Medical International Limited (NYSE:MR). Goldman Sachs maintained Neutral rating and $83 price target on China Petroleum & Chemical Corp. (NYSE:SNP). CLSA downgraded from Outperform to Underperform, and raised price target from HK$7.10 to HK$7.50 on the company's Hong Kong-listed shares. Nomura maintained Buy rating on ReneSola Ltd. (NYSE:SOL), and raised price target from 250p to 480p on the company's U.K.-listed shares. Oppenheimer & Co. maintained Outperform rating on 7 Days Group Holdings Limited (NYSE:SVN), and raised price target from $17 to $19.5.

tdp2664
China Analyst
Analyst Actions on Chinese Stocks: ADY, CAGC, CCSC, CISG, HMIN, HOGS, HTHT, JADE … (Nov 8, 2010)



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