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Topeka to maintain net-Qin buy rating to raise target price

Source: Internet
Author: User
Keywords NetQin turn high buy ratings
Tags .net buy rating buy ratings check check out high net net qin
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Summary: Check the latest quotes Beijing time November 20 Evening News, the United States investment bank Topeka Capital CMC issued an investment report today to maintain the Net Qin stock (NYSE:NQ) Buy rating, Set the target share price from 34.25 US dollars to 36.75 dollars.

View the latest quotes

Beijing time November 20 Evening News, the United States investment bank Topeka Capital CMC issued an investment report today to maintain the NetQin (NYSE:NQ) "Buy" rating, the target share price from 34.25 U.S. dollars to 36.75 dollars.

The following is a summary of the contents of the report:

After attending yesterday's analyst meeting, we adjusted to the Net Qin 2014 fiscal year revenue and each share thin earnings forecast, simultaneously has lowered the target share price, manifests the Net Qin 305 million US dollar to 310 million US dollar 2014 fiscal year guidance revenue forecast. With nearly 20 million dollars in revenue growth and a rise in profit margins, we will increase the value of 0.10 to 1.47 US dollars per share in the 2014 fiscal year, raising the target share price from 34.25 US dollars to 36.75 dollars.


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