Analyst Actions on Chinese Stocks: BORN, COGO, FSIN, MPEL, SHP, SINA, SPRD, SSW ... (May 5, 2011)

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China Analyst

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

Cowen and Company reiterated Outperform rating on China New Borun Corp (NYSE:BORN). Ticonderoga Securities maintained Buy rating and $14.25 price target on Cogo Group, Inc. (NASDAQ:COGO). Roth Capital Partners maintained Buy rating and $11.50 price target on Fushi Copperweld, Inc. (NASDAQ:FSIN). Global Hunter Securities reiterated Buy rating and $11.50 price target on Fushi Copperweld, Inc. (NASDAQ:FSIN). Credit Suisse maintained Outperform rating and $12.70 price target on Melco Crown Entertainment Ltd (NASDAQ:MPEL). Oppenheimer & Co. maintained Outperform rating and $17 price target on ShangPharma Corp (NYSE:SHP). Susquehanna Financial Group reiterated Positive rating on SINA Corporation (NASDAQ:SINA), and raised price target from $99 to $136. HSBC maintained Overweight rating on Spreadtrum Communications, Inc (NASDAQ:SPRD), with $30 price target. Deutsche Bank maintained Buy rating on Seaspan Corporation (NYSE:SSW). Credit Suisse maintained Neutral rating and $17 price target on Seaspan Corporation (NYSE:SSW). Oppenheimer & Co. maintained Outperform rating and $20 price target on WuXi PharmaTech (Cayman) Inc. (NYSE:WX). BNP Paribas maintained Buy rating on WuXi PharmaTech (Cayman) Inc. (NYSE:WX), and raised price target from $18.30 to $20. Guotai Junan Securities maintained “Prudently Accumulate” rating and RMB 9.6 price target on the Shanghai-listed shares of China Southern Airlines Limited (NYSE:ZNH).