Monday, November 1, 2010

Analyst Actions on Chinese Stocks: CBEH, CHA, CHOP, CHU, CTRP, MPEL, MR, PTR ... (Nov 1, 2010)

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

Cowen and Company reiterated Outperform rating on China Integrated Energy, Inc. (NASDAQ:CBEH). UBS maintained Neutral rating on China Telecom Corporation Limited (NYSE:CHA), and raised price target from $51.59 to $54.17. Global Hunter Securities maintained Neutral rating China Gerui Advanced Materials Group Limited (NASDAQ:CHOP). Goldman Sachs maintained Buy rating and $16.15 price target on China Unicom (Hong Kong) Limited (NYSE:CHU). Credit Suisse maintained Outperform rating on China Unicom (Hong Kong) Limited (NYSE:CHU), and cut price target from HK$14.10 to HK$13.10 on the company's Hong Kong-listed shares. JPMorgan maintained Overweight rating on China Unicom (Hong Kong) Limited (NYSE:CHU), and cut price target from HK$13.20 to HK$12.90 on the company's Hong Kong-listed shares. Credit Agricole Securities maintained Buy rating on Ctrip.com International, Ltd. (NASDAQ:CTRP), and raised price target from $50 to $65. CLSA maintained Buy rating on Melco Crown Entertainment Ltd (NASDAQ:MPEL), and raised price target from $4.90 to $8. Sterne, Agee & Leach maintained Buy rating on Melco Crown Entertainment Ltd (NASDAQ:MPEL), and raised price target from $7 to $8. Credit Suisse maintained Neutral rating and $29 price target on Mindray Medical International Limited (NYSE:MR). Piper Jaffray maintained Overweight rating and $34 price target on Mindray Medical International Limited (NYSE:MR). Macquarie maintained Outperform rating and HK$12.50 price target on the Hong Kong-listed shares of PetroChina Company Limited (NYSE:PTR). Standard Chartered maintained In-Line rating and HK$8 price target on the Hong Kong-listed shares of China Petroleum & Chemical Corp. (NYSE:SNP). Macquarie maintained Neutral rating on China Petroleum & Chemical Corp. (NYSE:SNP), and raised price target to HK$6.75 on the company's Hong Kong-listed shares. Global Hunter Securities reiterated Buy rating on Yuhe International, Inc (NASDAQ:YUII), and cut price target from $16 to $14.

tdp2664
China Analyst
Analyst Actions on Chinese Stocks: CBEH, CHA, CHOP, CHU, CTRP, MPEL, MR, PTR … (Nov 1, 2010)



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