Analyst Actions on Chinese Stocks: AMBO, AOB, BIDU, BONA, CCSC, CDCS, CEO,CHA ... (Aug 26, 2011)

Posted: 26 Aug 2011
Goldman Sachs maintains Buy rating and $11 price target on Ambow Education Holding Ltd (NYSE:AMBO). Oppenheimer & Co. maintains Perform rating on American Oriental Bioengineering, Inc. (NYSE:AOB). Credit Suisse upgrades Baidu.com, Inc. (NASDAQ:BIDU) from Underperform to Neutral, and raises price target from $122.0 to $135.5. Goldman Sachs maintains Buy rating and $175 price target on Baidu.com, Inc. (NASDAQ:BIDU). Cowen and Company reiterates Outperform rating on Bona Film Group Ltd (NASDAQ:BONA). Cowen and Company upgrades Country Syl Ckng Restaurant Chain Co Ltd (NYSE:CCSC) from Neutral to Outperform. Lazard Capital Markets maintains Neutral rating on CDC Software Corp (NASDAQ:CDCS). BNP Paribas maintains Buy rating on CNOOC Limited (NYSE:CEO), and cuts price target from HK$22 to HK$20.10 on the company's Hong Kong-listed shares. Kim Eng reiterates Buy rating on China Telecom Corporation Limited (NYSE:CHA), and maintains HK$5.46 price target on the company's Hong Kong-listed shares. Goldman Sachs maintains Neutral rating on China Unicom (Hong Kong) Limited (NYSE:CHU), and raises price target from HK$15.5 to HK$16.2 on the company's Hong Kong-listed shares. New Street Research maintains Buy rating and HK$98 price target on the Hong Kong-listed shares of China Mobile Ltd. (NYSE:CHL). Collins Stewart downgrades  China Sunergy Co., Ltd. (NASDAQ:CSUN) from Buy to Neutral, and cuts price target from $2.50 to $1.60. Macquarie initiates coverage of Phoenix New Media Ltd (NYSE:FENG)       with Neutral rating and $7 price target. Roth Capital Partners drips coverage of Funtalk China Holdings Ltd. (NASDAQ:FTLK). Chardan Capital Markets maintains Buy rating on Zhongpin Inc. (NASDAQ:HOGS), and cuts price target from $16 to $14.50. Jefferies maintains Hold rating on Hanwha Solarone Co Ltd (NASDAQ:HSOL), and cuts price target from $6 to $4. Credit Suisse maintains Outperform rating and HK$30 price target on the Hong Kong-listed shares of China Life Insurance Company Ltd. (NYSE:LFC). CLSA reiterates Buy rating on Melco Crown Entertainment Ltd (NASDAQ:MPEL), and raises price target from $15.40 to $17.20. Credit Suisse maintains Neutral rating and HK$12 price target on the Hong Kong-listed shares of PetroChina Company Limited (NYSE:PTR). Nomura maintains Buy rating on Perfect World Co., Ltd. (NASDAQ:PWRD), and cuts price target from $37 to $25. Goldman Sachs maintains Neutral rating and $95 price target on SINA Corporation (NASDAQ:SINA). RBS maintains Hold rating and $38 price target on Shanda Interactive Entertainment Ltd (NASDAQ:SNDA). CITIC Securities reiterates Buy rating on China Petroleum & Chemical Corp. (NYSE:SNP), and cuts price target to HK$8.80 on the company's Hong Kong-listed shares. Bank of America maintains Buy rating on Spreadtrum Communications, Inc (NASDAQ:SPRD), and raises price objective from $20 to $25. Jefferies maintains Buy rating and $20 price target on WuXi PharmaTech (Cayman) Inc. (NYSE:WX). KGI reiterates Outperform rating on Yanzhou Coal Mining Co. (NYSE:YZC), with HK$27.5 price target on the company's Hong Kong-listed shares. Credit Suisse maintains Outperform rating and HK$6.20 price target on the Hong Kong-listed shares of China Southern Airlines Limited (NYSE:ZNH).


Source:http://www.cnanalyst.com