Thursday, January 20, 2011

Analyst Actions on Chinese Stocks: AUTC, CHA, CHL, CHU, EDU, JASO, LAS, LDK ... (Jan 20, 2011)

Below are today's Analyst Actions on U.S.-Listed Chinese Stocks . Chardan
Capital Markets maintained Buy rating and $30 price target on AutoChina
International Limited (NASDAQ:AUTC). DBS Vickers maintained Buy rating and
HK$4.9 price target on the Hong Kong-listed shares of China Telecom Corporation
Limited (NYSE:CHA). DBS Vickers maintained Buy rating and HK$86 price target on
the Hong Kong-listed shares of China Mobile Ltd. (NYSE:CHL). DBS Vickers
upgraded China Unicom (Hong Kong) Limited (NYSE:CHU) from Hold to Buy, and
raised price target from HK$10 to HK$14 on the companys Hong Kong-listed shares.
Susquehanna Financial Group upgraded New Oriental Education & Tech. Group Inc
(NYSE:EDU) from Neutral to Positive, with $123 price target. Bank of America set
a Buy rating and $10.84 price target on JA Solar Holdings Co., Ltd.
(NASDAQ:JASO). Cowen and Company initiated coverage of Lentuo International Inc
(NYSE:LAS) with Outperform rating. Bank of America set a Neutral rating and
$8.91 price target on LDK Solar Co., Ltd. (NYSE:LDK). Citigroup initiated
coverage of Sky mobi Ltd (NASDAQ:MOBI) with Buy and $12 price target. Bank of
America maintained Neutral rating on Melco Crown Entertainment Ltd
(NASDAQ:MPEL), and raised price objective from $7.30 to $8.50. Citigroup
initiated coverage of ShangPharma Corp (NYSE:SHP) with Buy rating and $16 price
target. Deutsche Bank maintained Buy rating and $17.1 price target on ReneSola
Ltd. (NYSE:SOL). Deutsche Bank maintained Hold rating and $14 price target on
Seaspan Corporation (NYSE:SSW). Deutsche Bank maintained Buy rating and $14.3
price target on Suntech Power Holdings Co., Ltd. (NYSE:STP). Deutsche Bank
maintained Buy rating and $42.8 price target on Trina Solar Limited (NYSE:TSL).
Deutsche Bank maintained Buy rating and $19.6 price target on Yingli Green
Energy Hold. Co. Ltd. (NYSE:YGE).

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