Goldman Sachs Group Inc. upgraded shares of CDC Corp (NASDAQ:CHINA) from a buy rating to a conviction-buy rating in a report issued on Wednesday, Analyst RN reports.
Goldman Sachs Group Inc. has also modified their ratings on a number of other information technology stocks in the few days. The firm upgraded shares of IAMGOLD Corp from a sell rating to a neutral rating. Also, Goldman Sachs Group Inc. initiated coverage on shares of MarkWest Energy Partners. They issued a buy rating on that stock. Finally, Goldman Sachs Group Inc. initiated coverage on shares of DCP Midstream Partners, LP. They issued a buy rating on that stock.
Separately, analysts at Deutsche Bank raised their price target on shares of CDC Corp to $15.90 in a research note to investors on Monday, November 25th.
CDC Corporation is a global provider of enterprise software, online games, and Internet and media services.
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