Analyst Actions on Chinese Stocks for the Week Ended Jan 28, 2012
"Strong Buy" Rated U.S.-Listed Chinese Stocks (February 20, 2012)
Below are the Analyst Actions on U.S.-Listed Chinese Stocks for the past week.
Susquehanna Financial Group maintains Neutral rating on AsiaInfo-Linkage, Inc. (NASDAQ:ASIA), and raises price target from $11 to $13. Collins Stewart maintains Buy rating and $215 price target on Baidu.com, Inc. (NASDAQ:BIDU). Credit Suisse maintains Outperform rating on CNOOC Limited (NYSE:CEO). CLSA maintains Buy rating on China Mobile Ltd. (NYSE:CHL). CLSA maintains Underperform rating on China Unicom (Hong Kong) Limited (NYSE:CHU). Goldman Sachs reiterates Conviction Buy rating on China Petroleum & Chemical Corp. (NYSE:SNP). Stifel Nicolaus downgrades Suntech Power Holdings Co., Ltd. (NYSE:STP) from Hold to Sell. Brean Murray reiterates Buy rating on Tri-Tech Holding, Inc. (NASDAQ:TRIT), and raises price target to $9 from $6. Credit Agricole Securities maintains Outperform rating on WuXi PharmaTech (Cayman) Inc. (NYSE:WX), and raises price target from $13 to $15.
Goldman Sachs reiterates Buy rating and $13.1 price target on AsiaInfo-Linkage, Inc. (NASDAQ:ASIA). Nomura maintains Buy rating on China Mobile Ltd. (NYSE:CHL). Jefferies reiterates Buy rating on China Cord Blood Corp (NYSE:CO), and maintains $5.50 fair value estimate. Lazard Capital Markets initiates coverage of Changyou.com Limited (NASDAQ:CYOU) with Buy rating and $30 price target. Credit Agricole Securities maintains Buy rating and $44 price target on Focus Media Holding Limited (NASDAQ:FMCN). Lazard Capital Markets initiates coverage of Giant Interactive Group Inc (NYSE:GA) with Buy rating and $5.50 price target. Lazard Capital Markets initiates coverage of Shanda Games Limited (NASDAQ:GAME) with Buy rating and $5 price target. Lazard Capital Markets initiates coverage of The9 Limited (NASDAQ:NCTY) with Neutral rating. Lazard Capital Markets initiates coverage of NetEase.com Inc (NASDAQ:NTES) with Buy rating and $55 price target. Lazard Capital Markets initiates coverage of Perfect World Co., Ltd. (NASDAQ:PWRD) with Neutral rating. Pacific Crest Securities maintains Sector Perform rating on Youku Inc (NYSE:YOKU).
