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Shanda Games (GAME) [hlAlert]

Rating:
Neutral GAME

Shanda Games (GAME) rated Neutral by Credit Suisse

Posted on: Thursday,  Sep 26, 2013  8:25 AM ET by Credit Suisse

Shanda Games (NASDAQ:
GAME) rated Neutral by Credit Suisse.

Shanda Games Limited (Shanda Games) is an online game company. The Company?s online game business includes the business of developing, operating and licensing its massively multi-player online role-playing games (MMORPGs) and advanced casual games. Advanced casual games, which are a sub-category of casual games, possess certain elements of MMORPGs, including a story line, graphics, availability of virtual items and interactions among game players. Shanda Games develops and sources an array of game content through multiple channels, including in-house development, licensing, investment and acquisition, co-development and co-operation. As of August 31, 2009, the Company operated 18 MMORPGs and 11 advanced casual games. In July 2009, the Company acquired Chengdu Simo Technology Co., Ltd., an online game company.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/26/2013 8:25 AM Hold
None
4.17
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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