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Enter Symbol:
 
Feihe International Inc (ADY) [hlAlert]

Rating:
Mkt Outperform
ADY
down 55.51 %

AMERICAN DAIRY INC (ADY) rated Mkt Outperform with price target $14 by Rodman & Renshaw

Posted on: Monday,  Sep 27, 2010  11:25 AM ET by Rodman & Renshaw

Rodman & Renshaw rated Mkt Outperform Feihe International Inc (NYSE: ADY) on 09/27/2010. Previously Rodman & Renshaw rated Mkt Outperform Feihe International Inc (NYSE:
ADY) on 05/19/2010., when the stock price was $16.59. Since then, Feihe International Inc has lost 55.52% as of 06/27/2015's recent price of $7.38.
If you would have followed the previous Rodman & Renshaw's recommendation on ADY, you would have lost 55.51% of your investment in 1865 days.

American Dairy, Inc. (American Dairy) is a producer and distributor of milk powder, soybean milk powder, and related dairy products in the People?s Republic of China. Using processing techniques, the Company makes products that are formulated for particular ages, dietary needs and health concerns. It has over 200 company owned milk collection stations, six production facilities with an aggregate milk powder production capacity of approximately 1,220 tons per day and an extensive distribution network that reaches over 50,000 retail outlets throughout China. The Company?s products fall into four main product categories: milk powder, soybean powder, rice cereal and walnut products.

Rodman & Renshaw is a full-service investment bank dedicated to providing investment banking services to companies that have significant recurring capital needs due to their growth and development strategies. We also provide research and sales and trading services to institutional investor clients that focus on such companies. Since 2003, Rodman has been a leading investment banking firm to the biotechnology sector, a capital intensive market segment, as well as a leader in the PIPE (private investment in public equity) and RD (registered direct placements) transaction markets.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/27/2010 11:25 AM Buy
None
10.18 14.00
as of 12/31/2010
1 Week down  -7.34 %
1 Month down  -9.47 %
3 Months down  -2.20 %
1 YTD up  0.39 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/19/2010 10:25 AM Buy
None
16.59 21.00

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