Analyst Actions on Chinese Stocks: ALN, AMAP, CHLN, CREG, CRTP, CSIQ, HEAT, HSFT ... (Nov 18, 2010)

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

Global Hunter Securities reiterated Buy rating and $6 price target on American Lorain Corporation (AMEX:ALN). Oppenheimer & Co. maintained Outperform rating on AutoNavi Holdings Ltd (NASDAQ:AMAP), and raised price target from $20 to $22. Global Hunter Securities reiterated Buy rating and $5.50 price target on China Housing & Land Development, Inc. (NASDAQ:CHLN). Gar Wood Securities maintained Buy rating and $6 price target on China Recycling Energy Corp. (NASDAQ:CREG). Global Hunter Securities maintained Buy rating and $5.50 price target on China Ritar Power Corp. (NASDAQ:CRTP). Barclays Capital maintained Equal Weight rating on Canadian Solar Inc. (NASDAQ:CSIQ), and raised price target from $11 to $14. BMO Capital Markets reiterated Outperform rating on SmartHeat Inc (NASDAQ:HEAT), and cut price target from $12 to $10. Deutsche Bank maintained Buy rating and $28 price target on HiSoft Technology International Limited (NASDAQ:HSFT). Stifel Nicolaus maintained Buy rating on HiSoft Technology International Limited (NASDAQ:HSFT), and raised price target from $19 to $36. Soleil Securities downgraded LDK Solar Co., Ltd. (NYSE:LDK) from Buy to Sell, and cut price target from $18 to $8. Deutsche Bank maintained Buy rating and $45 price target on Longtop Financial Technologies Limited (NYSE:LFT). Piper Jaffray maintained Overweight rating on Mindray Medical International Limited (NYSE:MR), and cut price target from $34 to $33. Roth Capital Partners downgraded China Nepstar Chain Drugstore Ltd. (NYSE:NPD) from Buy to Neutral, and cut price target from $4.00 to $3.50. Goldman Sachs maintained Neutral rating and $39 price target on NetEase.com, Inc. (NASDAQ:NTES). Citigroup maintained Buy rating on NetEase.com, Inc. (NASDAQ:NTES), and raised price target from $50 to $51. Deutsche Bank maintained Hold rating and $40 price target on NetEase.com, Inc. (NASDAQ:NTES). Deutsche Bank maintained Hold rating on SINA Corporation (NASDAQ:SINA), and raised price target from $55 to $58. Samsung Securities maintained Hold rating on SINA Corporation (NASDAQ:SINA), and raised price target from $51 to $60. Standard Chartered reiterated Outperform rating on SINA Corporation (NASDAQ:SINA), and raised price target from $44 to $64. Macquarie maintained Neutral rating and HK$6.75 price target on the Hong Kong-listed shares of China Petroleum & Chemical Corp. (NYSE:SNP). Morgan Stanley reiterated Overweight rating on Spreadtrum Communications, Inc. (NASDAQ:SPRD), and raised price target from $15.20 to $17.40. Canaccord Genuity maintained Hold rating on Spreadtrum Communications, Inc. (NASDAQ:SPRD), and raised price target to $17 from $14. Roth Capital Partners maintained Buy rating and $13 price target on SkyPeople Fruit Juice, Inc. (AMEX:SPU). Citigroup upgraded Suntech Power Holdings Co., Ltd. (NYSE:STP) from Sell to Hold, and raised price target from $7 to $8.50. Credit Suisse maintained Underperform rating and $6.75 price target on Suntech Power Holdings Co., Ltd. (NYSE:STP). Jefferies & Company maintained Hold rating on Suntech Power Holdings Co., Ltd. (NYSE:STP), and cut price target from $11 to $10. Collins Stewart maintained Buy rating on Suntech Power Holdings Co., Ltd. (NYSE:STP), and cut price target from $12 to $10. Citigroup maintained Buy rating on VanceInfo Technologies Inc. (NYSE:VIT), and raised price target from $30 to $41. Jefferies & Company maintained Buy rating and $41 price target. Deutsche Bank initiated coverage of WuXi PharmaTech (Cayman) Inc. (NYSE:WX) with Buy rating and $22 price target.

tdp2664
China Analyst
Analyst Actions on Chinese Stocks: ALN, AMAP, CHLN, CREG, CRTP, CSIQ, HEAT, HSFT … (Nov 18, 2010)