Analyst Actions on Chinese Stocks: AMAP, CEO, CFSG, CHA, CHLN, CHU, CIS, CTC ... (May 17, 2011)

tdp2664
China Analyst

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

Goldman Sachs reiterated Buy rating on AutoNavi Holdings Ltd (NASDAQ:AMAP). Deutsche Bank initiated coverage of AutoNavi Holdings Ltd (NASDAQ:AMAP) with Buy rating and $22 price target. Samsung Securities maintained Hold rating and HK$19.75 price target on the Hong Kong-listed shares of CNOOC Limited (NYSE:CEO). Roth Capital Partners maintained Buy rating on China Fire & Security Group, Inc. (NASDAQ:CFSG), and raised price target from $8.00 to $8.50. Credit Suisse upgraded China Telecom Corporation Limited (NYSE:CHA) from Underperform to Neutral, and raised price target from HK$4.28 to HK4.56 on the company's Hong Kong-listed shares. Roth Capital Partners maintained Buy rating and $6 price target on China Housing & Land Development, Inc. (NASDAQ:CHLN). Credit Suisse maintained Outperform rating on China Unicom (Hong Kong) Limited (NYSE:CHU), and raised price target from from HK$18.5 to HK$19 on the company's Hong Kong-listed shares. Susquehanna Financial Group maintained Neutral rating and $19 price target on Camelot Information Systems Inc (NYSE:CIS). Goldman Sachs maintained Sell rating on IFM Investments Limited (NYSE:CTC), and reduced price target from $3.95 to $2.31. William Blair maintained Market Perform rating on IFM Investments Limited (NYSE:CTC). Goldman Sachs maintained Neutral rating on Ctrip.com International, Ltd. (NASDAQ:CTRP), and cut price target from $42 to $40. Morgan Stanley maintained Overweight rating on Ctrip.com International, Ltd. (NASDAQ:CTRP). Bank of America maintained Neutral rating on Ctrip.com International, Ltd. (NASDAQ:CTRP), and raised price objective from $48 to $50.50. Macquarie maintained Outperform rating on E Commerce China Dangdang Inc (NYSE:DANG), and reiterated $36 price target. Citigroup maintained Buy rating and $6.20 price target on China Distance Education Hldgs Ltd (NYSE:DL). Needham maintained Buy rating and $25 price target on iSoftStone Holdings Ltd (NYSE:ISS). Roth Capital Partners reiterated Buy rating and $7 price target on LJ International, Inc. (NASDAQ:JADE). China International Capital Corporation maintained Buy rating on China Kanghui Holdings (NYSE:KH). Collins Stewart maintained Sell rating on LDK Solar Co., Ltd (NYSE:LDK), and cut price target from $11 to $8. Soleil Securities reiteated Sell rating on LDK Solar Co., Ltd (NYSE:LDK), and cut price target from $8 to $6. Brean Murray reiterated Buy rating on eLong, Inc. (NASDAQ:LONG), and raised price target from $17 to $20. Guotai Junan maintained Accumulate rating on PetroChina Company Limited (NYSE:PTR), and raised price target from HK$11.00 to HK$11.70 on the company's Hong Kong-listed shares. Samsung Securities maintained Buy rating and HK$5.55 price target on the Hong Kong-listed shares of Sinopec Shanghai Petrochemical Co. (NYSE:SHI). Rodman & Renshaw changed price target on SinoHub Inc (NYSE:SIHI) to $5.50, with Market Outperform rating. Credit Suisse reiterated Outperform rating on SINA Corporation (NASDAQ:SINA), and raised price target from $127.7 to $140. Samsung Securities maintained Buy rating and HK$12.30 price target on the Hong Kong-listed shares of China Petroleum & Chemical Corp. (NYSE:SNP). Brean Murray maintained Buy rating on Sorl Auto Parts, Inc. (NASDAQ:SORL), and cut price target from $15 to $9. Morgan Stanley maintained Overweight rating on China Digital TV Holding Co., Ltd. (NYSE:STV). Piper Jaffray maintained Neutral rating and $8 price target on China Digital TV Holding Co., Ltd. (NYSE:STV). Brean Murray reiterated Buy rating and $18 price target on Tri-Tech Holding, Inc. (NASDAQ:TRIT). Deutsche Bank maintained Buy rating on Trina Solar Limited (NYSE:TSL), and reduced price target from $36.4 to $33.7. Credit Suisse maintained Neutral rating on Trina Solar Limited (NYSE:TSL), and cut price target from $28 to $20. Piper Jaffray reiterated Neutral rating on Trina Solar Limited (NYSE:TSL), and maintained $27 price target. Collins Stewart maintained Buy rating on Trina Solar Limited (NYSE:TSL), and cut price target from $41 to $31. Roth Capital Partners maintained Buy rating and $12 price target on Telestone Technologies Corporation (NASDAQ:TSTC). JPMorgan maintained Overweight rating on VanceInfo Technologies Inc. (NYSE:VIT), and cut price target from $42 to $38. Kaufman Brothers maintained Hold rating on VanceInfo Technologies Inc. (NYSE:VIT), and cut price target from $37 to $34. BNP Paribas maintained Hold rating on VanceInfo Technologies Inc. (NYSE:VIT), and cut price target from $30 to $28. Macquarie upgraded Yanzhou Coal Mining Co. (NYSE:YZC) from Neutral to Outperform, and raised price target from HK$31 to HK$32 on the company's Hong Kong-listed shares.