Thursday, April 21, 2011

Analyst Actions on Chinese Stocks: ACH, ALN, AUTC, CHL, CHOP, CSR, CTEL, CYOU ... (Apr 21, 2011)

Below are today's Analyst Actions on U.S.-Listed Chinese Stocks . Goldman
Sachs maintained Neutral rating and HK$5.3 price target on the Hong Kong-listed
shares of Aluminum Corp. of China Limited (NYSE:ACH). Rodman & Renshaw
maintained Market Outperform rating and $6 price target on American Lorain
Corporation (AMEX:ALN). Chardan Capital Markets removed rating and price target
on AutoChina International Limited (NASDAQ:AUTC). Samsung Securities maintained
Hold rating and HK$78 price target on the Hong Kong-listed shares of China
Mobile Ltd. (NYSE:CHL). DBS Vickers maintained Buy rating on China Mobile Ltd.
(NYSE:CHL), with HK$82 price target on the companys Hong Kong-listed shares.
Global Hunter Securities reiterated Buy rating and $10 price target on China
Gerui Advanced Materials Group Limited (NASDAQ:CHOP). BNP Paribas maintained Buy
rating and $8.60 price target on China Security & Surveillance Tech. Inc.
(NYSE:CSR). Raymond James maintained Market Perform rating on China Security &
Surveillance Tech. Inc. (NYSE:CSR). CIMB maintained Outperform rating and
HK$8.80 price target on the Hong Kong-listed shares of City Telecom (H.K.)
Limited (NASDAQ:CTEL). ThinkEquity maintained Buy rating on Changyou.com Limited
(NASDAQ:CYOU), and raised price target from $40 to $45. Bank of America
maintained Buy rating and $27.69 price objective on Huaneng Power International,
Inc. (NYSE:HNP). Roth Capital Partners upgraded Hollysys Automation Technologies
Ltd (NASDAQ:HOLI) from Neutral to Buy, and maintained $17 price target. Chardan
Capital Markets maintained Buy rating on Origin Agritech Ltd. (NASDAQ:SEED), and
cut price target from $12 to $11. Jefferies & Company maintained Buy rating and
HK$15 price target on the Hong Kong-listed shares of PetroChina Company Limited
(NYSE:PTR). Goldman Sachs downgraded SINA Corporation (NASDAQ:SINA) from Neutral
to Sell, and raised price target from $78 to $105. Jefferies & Company
maintained Hold rating and HK$8.5 price target on the Hong Kong-listed shares of
China Petroleum & Chemical Corp. (NYSE:SNP). Auriga maintained Buy rating on
ReneSola Ltd. (NYSE:SOL), and cut price target from $27 to $23.

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