Saturday, March 12, 2011

Analyst Actions on Chinese Stocks: AUTC, BIDU, CEO, CHA, CRIC, DEER, EJ, HNP ... (Mar 11, 2011)

Below are today's Analyst Actions on U.S.-Listed Chinese Stocks . Rodman &
Renshaw downgraded AutoChina International Limited (NASDAQ:AUTC) from Market
Outperform to Market Perform. Susquehanna Financial Group reiterated Positive
rating on Baidu.com, Inc. (NASDAQ:BIDU), and raised price target from $135 to
$150. Standard Chartered maintained Outperform rating and HK$22 price target on
the Hong Kong-listed shares of CNOOC Limited (NYSE:CEO). DBS Vickers maintained
Buy rating and HK$4.90 price target on the Hong Kong-listed shares of China
Telecom Corporation Limited (NYSE:CHA). Jefferies & Company Reiterated Buy
rating and $11.6 price target on China Real Estate Information Corporation
(NASDAQ:CRIC). William Blair maintained Market Perform rating on China Real
Estate Information Corporation (NASDAQ:CRIC). William Blair downgraded Deer
Consumer Products, Inc. (NASDAQ:DEER) from Outperform to Market Perform. Goldman
Sachs maintained Neutral rating on E-House (China) Holdings Limited (NYSE:EJ),
and cut price target from $19.97 to $13.55. Bank of America downgraded E-House
(China) Holdings Limited (NYSE:EJ) from Buy to Neutral, and cut price objective
from $19 to $12. Nomura downgraded Huaneng Power International, Inc. (NYSE:HNP)
from Buy to Neutral, and cut price target from HK$5.30 to HK$4.78 on the
companys Hong Kong-listed shares. Nomura maintained Buy rating on PetroChina
Company Limited (NYSE:PTR), and raised price target from HK$13.00 to HK$13.50 on
the companys Hong Kong-listed shares. Morgan Stanley maintained Equal-weight
rating on PetroChina Company Limited (NYSE:PTR), and raised price target from
HK$9.40 to HK$11.80 on the companys Hong Kong-listed shares. Guotai Junan
downgraded SINA Corporation (NASDAQ:SINA) to Neutral, and raised price target
from $60 to $86. Standard Chartered maintained In-Line rating and HK$8 price
target on the Hong Kong-listed shares of China Petroleum & Chemical Corp.
(NYSE:SNP). Morgan Stanley maintained Equal-weight rating on Sinovac Biotech
Ltd. (NASDAQ:SVA). Piper Jaffray maintained Overweight rating on Tri-Tech
Holding, Inc. (NASDAQ:TRIT), and cut price target from $19 to $17.50. Samsung
Securities initiated coverage of China Xiniya Fashion Ltd (NYSE:XNY) with Buy
rating and $11 price target.

No comments:

Post a Comment

LinkWithin

Related Posts Plugin for WordPress, Blogger...