Analyst Actions on Chinese Stocks: AOB, CEA, CEO, CHL, CHU, CIS, COGO, CTC ... (Mar 7, 2011)

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

Oppenheimer & Co. maintained Outperform rating on American Oriental Bioengineering, Inc. (NYSE:AOB). Nomura reiterated Buy rating on China Eastern Airlines Corp. Ltd. (NYSE:CEA), and cut price target from HK$5.90 to HK$5.50 on the company's Hong Kong-listed shares. Citigroup maintained Buy rating on CNOOC Limited (NYSE:CEO), and cut price target from $275.99 to $274.84. Yuanta maintained Buy rating and HK$88 price target on the Hong Kong-listed shares of China Mobile Ltd. (NYSE:CHL). Yuanta maintained Buy rating and HK$14.60 price target on the Hong Kong-listed shares of China Unicom (Hong Kong) Limited (NYSE:CHU). Goldman Sachs maintained Neutral rating on Camelot Information Systems Inc (NYSE:CIS), and raised price target from $17.80 to $20.70. William Blair maintained Outperform rating on Camelot Information Systems Inc (NYSE:CIS). Ticonderoga Securities maintained Buy rating and $14.25 price target on Cogo Group, Inc. (NASDAQ:COGO). William Blair reiterated Market Perform rating on IFM Investments Limited (NYSE:CTC). Credit Suisse initiated coverage of City Telecom (H.K.) Limited (NASDAQ:CTEL) with Outperform rating and HK$7.10 price target on the company's Hong Kong-listed shares. Piper Jaffray maintained Overweight rating and $20 price target on Daqo New Energy Corp. (NYSE:DQ). Credit Agricole Securities maintained Buy rating on Focus Media Holding Limited (NASDAQ:FMCN), and raised price target from $30 to $33. RBS reiterated Buy rating on Shanda Games Limited (NASDAQ:GAME), and maintained $7.50 price target. Susquehanna Financial Group maintained Neutral rating on Shanda Games Limited (NASDAQ:GAME), and raised price target from $6 to $7. Piper Jaffray reiterated Overweight rating on Zhongpin Inc. (NASDAQ:HOGS), and cut price target from $27 to $26. Roth Capital Partners maintained Buy rating and $24 price target on Zhongpin Inc. (NASDAQ:HOGS). Jefferies & Company maintained Buy rating and $13 price target on Solarfun Power Holdings Co., Ltd. (NASDAQ:HSOL). Susquehanna Financial Group maintained Neutral rating on KongZhong Corporation (NASDAQ:KONG), and raised price target from $6.50 to $9. JPMorgan maintained Neutral rating on China Life Insurance Company Ltd. (NYSE:LFC), and cut price target from HK$37 to HK$34 on the company's Hong Kong-listed shares. Jefferies & Company maintained Buy rating and $48 price target on Longtop Financial Technologies Ltd (NYSE:LFT). Oppenheimer & Co. maintained Perform rating on Mindray Medical International Ltd (NYSE:MR). Oppenheimer & Co. maintained Outperform rating on China Nuokang Bio-Pharmaceutical Inc. (NASDAQ:NKBP). Citigroup maintained Hold rating on PetroChina Company Limited (NYSE:PTR), and raised price target from HK$11.60 to HK$12 on the company's Hong Kong-listed shares. BNP Paribas reiterated Buy rating on Perfect World Co., Ltd. (NASDAQ:PWRD), and cut price target from $40 to $35. Oppenheimer & Co. maintained Outperform rating on Simcere Pharmaceutical Group (NYSE:SCR). Oppenheimer & Co. maintained Outperform rating on ShangPharma Corp (NYSE:SHP). JPMorgan maintained Neutral rating on Semiconductor Manufacturing Int'l (NYSE:SMI), and cut price target from HK$0.66 to HK$0.60 on the company's Hong Kong-listed shares. Citigroup maintained Buy rating and $157.97 price target on China Petroleum & Chemical Corp. (NYSE:SNP). Goldman Sachs maintained Neutral rating on Sohu.com Inc. (NASDAQ:SOHU), and raised price target from $68 to $72. Bank of America upgraded Spreadtrum Communications, Inc. (NASDAQ:SPRD) from Underperform to Buy, and raised price objective from $12.5 to $30. Oppenheimer & Co. maintained Outperform rating on 3SBio Inc. (NASDAQ:SSRX). Collins Stewart maintained Buy rating and $10 price target on Suntech Power Holdings Co., Ltd. (NYSE:STP). Cowen and Company maintained Outperform rating on Suntech Power Holdings Co., Ltd. (NYSE:STP). JPMorgan maintained Neutral rating and $5.6 price target on VisionChina Media Inc (NASDAQ:VISN). BMO Capital Markets downgraded VanceInfo Technologies Inc. (NYSE:VIT) from Outperform to Market Perform, and cut price target from $40 to $30. Piper Jaffray maintained Neutral rating and $17 price target on WuXi PharmaTech (Cayman) Inc. (NYSE:WX). Oppenheimer & Co. maintained Outperform rating on WuXi PharmaTech (Cayman) Inc. (NYSE:WX). Credit Suisse reiterated Outperform rating on TAL Education Group (NYSE:XRS), and maintained $14.90 price target. William Blair maintained Outperform rating on Xueda Education Group (NYSE:XUE). Nomura maintained Buy rating and HK$30.4 price target on the Hong Kong-listed shares of Yanzhou Coal Mining Co. (NYSE:YZC). Nomura reiterated Buy rating on China Southern Airlines Limited (NYSE:ZNH), and cut price target from HK$7.20 to HK$6.88 on the company's Hong Kong-listed shares.

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China Analyst
Analyst Actions on Chinese Stocks: AOB, CEA, CEO, CHL, CHU, CIS, COGO, CTC … (Mar 7, 2011)