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ChinaCache Internatnl Hldgs Ltd (ADR) (CCIH) [hlAlert]

Rating:
Neutral CCIH
up 10.64 %

ChinaCache Internatnl Hldgs Ltd (ADR) (CCIH) downgraded to Neutral with price target $9 by Rosenblatt

Posted on: Friday,  Dec 4, 2015  10:25 AM ET by Rosenblatt

Rosenblatt rated Neutral ChinaCache Internatnl Hldgs Ltd (ADR) (NASDAQ: CCIH) on 12/04/2015. Previously Rosenblatt rated Buy ChinaCache Internatnl Hldgs Ltd (ADR) (NASDAQ: CCIH)
on 08/24/2015., when the stock price was $6.20. Since then, ChinaCache Internatnl Hldgs Ltd (ADR) has gained 10.65% as of 12/04/2015's recent price of $6.86.
If you would have followed the previous Rosenblatt's recommendation on CCIH, you would have gained 10.64% of your investment in 102 days.

ChinaCache International Holdings Ltd. (ChinaCache) is a holding company and conducts is business through its operating subsidiary and affiliated entities. The Company through its subsidiaries and variable interest entities provides Internet content and application delivery services in People's Republic of China. ChinaCache provides a portfolio of services and solutions to businesses, government agencies and other enterprises to improve the reliability and scalability of their online services and applications and improve end-user experience. Its nationwide service platform, which consists of its network, servers and intelligent software, is designed to handle planned and unplanned peaks without significant upfront and ongoing capital outlay and other investments on the part of its customers.

Rosenblatt
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/4/2015 10:25 AM Hold
None
6.86 9.00
as of 8/27/2015
1 Week up  4.35 %
1 Month   
3 Months   
1 YTD up  4.35 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/24/2015 11:25 AM Buy
None
6.20 9.00

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