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cleezdeez

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cleezdeez

Re: rru2s post# 85702

Friday, 09/09/2011 2:24:01 PM

Friday, September 09, 2011 2:24:01 PM

Post# of 94785
CEO - It appears they *upgraded* the shares from underperform to hold, yet cut the price target to 13 from 14 HKD. Odd. I suppose they see a brighter future, just not yet?

http://www.cnanalyst.com/2011/09/analyst-actions-on-chinese-stocks-amap-asia-bcds-bidu-cedu-ceo-cha-chu-sep-9-2011.html

Anyway, I'd rather buy a down as opposed to an upgrade. Street analysts are largely trend followers..and usually late to spot them.
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