Below are today's Analyst Actions on U.S.-Listed Chinese Stocks.
Lazard Capital Markets initiating coverage of Bitauto Hldg Ltd (NYSE:BITA) with Buy rating and $13 price target. Credit Suisse initiated coverage of Country Syl Ckng Restaurant Chain Co Ltd (NYSE:CCSC) with Neutral rating and $27.37 price target. Daiwa upgraded China Eastern Airlines Corp. Ltd. (NYSE:CEA) from Sell to Hold, and maintained HK$4.03 price target on the company's Hong Kong-listed shares. Global Hunter Securities initiated coverage of China Electric Motor, Inc. (NASDAQ:CELM) with Buy rating and $9 price target. Daiwa reiterated Outperform rating on CNOOC Limited (NYSE:CEO), and raised price target from HK$18.80 to HK$22.00 on the company's Hong Kong-listed shares. Nomura maintained Neutral rating and HK$4.80 price target on the Hong Kong-listed shares of China Telecom Corporation Limited (NYSE:CHA). DBS Vickers reiterated Buy rating on China Telecom Corporation Limited (NYSE:CHA), with HK$4.90 price target on the company's Hong Kong-listed shares. Deutsche Bank maintained Hold rating and $22.20 price target on Focus Media Holding Limited (NASDAQ:FMCN). Susquehanna Financial Group reiterated Negative rating on JinkoSolar Holding Co., Ltd. (NYSE:JKS), and maintained $16 price target. Roth Capital Partners reiterated Buy rating on NetEase.com, Inc. (NASDAQ:NTES), and maintained $48 price target. Susquehanna Financial Group reiterated Negative rating on Trina Solar Limited (NYSE:TSL), and maintained $18 price target. DBS Vickers maintained Buy rating and HK$26 price target on the Hong Kong-listed shares of Yanzhou Coal Mining Co. (NYSE:YZC). Daiwa upgraded China Southern Airlines Limited (NYSE:ZNH) from Underperform to Hold, and maintained HK$4.87 price target on the company's Hong Kong-listed shares.
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tdp2664
China Analyst
Analyst Actions on Chinese Stocks: BITA, CCSC, CEA, CELM, CEO, CHA, FMCN, JKS … (Jan 4, 2011)
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