Thursday, August 5, 2010
Analyst Actions on Chinese Stocks: BORN, CBEH, HOLI, SINA, VIMC, WATG (Aug 5, 2010)
Piper Jaffray reiterated Overweight rating on China New Borun Corp (NYSE:BORN), and raised price target from $7.40 to $9.70. Cowen and Company reiterated Outperform rating on China New Borun Corp (NYSE:BORN). Oppenheimer & Co. China New Borun Corp (NYSE:BORN). Cowen and Company reiterated Outperform rating on China Integrated Energy, Inc. (NASDAQ:CBEH). CLSA maintained Outperform rating and $10.60 price target on Hollysys Automation Technologies Ltd (NASDAQ:HOLI). JPMorgan maintained Neutral rating on SINA Corporation (NASDAQ:SINA), and raised price target from $43 to $48. Citigroup reiterated Buy rating on SINA Corporation (NASDAQ:SINA), and raised price target from $52 to $56. Credit Suisse reiterated Outperform rating on SINA Corporation (NASDAQ:SINA), and raised price target from $50.1 to $53.8. UBS maintained Neutral rating on SINA Corporation (NASDAQ:SINA), and raised price target from $49.0 to $50.5. Auriga USA maintained Buy rating and $6 price target on Vimicro International Corporation (NASDAQ:VIMC). Roth Capital Partners maintained Buy rating and $11 price target on Wonder Auto Technology, Inc. (NASDAQ:WATG).
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