Korea's Mirae Asset Securities maintains NetEase

by anonymous on 2012-02-19 02:24:09

Mirae Asset Securities maintained a "buy" rating on NetEase (NasdaqGS: NTES) and raised its target price from $58 to $61. Roth Capital Partners maintained a "buy" rating on NetEase (NasdaqGS: NTES) with a target price of $60. Credit Suisse reiterated a "outperform" rating on NetEase (NasdaqGS: NTES) and increased the target price from $61.5 to $64. Morgan Stanley maintained an "overweight" rating on NetEase (NasdaqGS: NTES) and raised the target price from $64 to $66. Bank of America maintained a "buy" rating on NetEase (NasdaqGS: NTES) and increased the target price from $59 to $60. Barclays maintained an "overweight" rating on NetEase (NasdaqGS: NTES) and raised the target price from $60 to $62. The U.S. investment bank Piper Jaffray reiterated an "overweight" rating on NetEase (NasdaqGS: NTES) and increased the target price from $66 to $67. On Thursday, on the Nasdaq exchange, NetEase's stock fell by $2.01, closing at $48.68, down 3.97%. In after-hours trading that day, NetEase's stock fell another $1.15, dropping to $47.53 per share, down 2.36%. Oppenheimer & Co. maintained a "market perform" rating on Sina Corporation (NasdaqGS: SINA). On Thursday, on the Nasdaq exchange, Sina Corporation's stock rose by $2.31, closing at $68.69, up 3.48%. In after-hours trading that day, Sina Corporation's stock rose another $0.81, increasing to $69.50 per share, up 1.18%. The Royal Bank of Scotland maintained a "buy" rating on China Mobile and set a target price of HK$94.4 for China Mobile listed on the Hong Kong Stock Exchange. Mirae Asset Securities maintained a "buy" rating on New Oriental Education (NYSE: EDU) with a target price of $31. On Thursday, on the NYSE, New Oriental Education's stock rose by $0.30, closing at $26.87, up 1.13%. In after-hours trading that day, New Oriental Education's stock fell by $0.04, dropping to $26.83 per share, down 0.14%.