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Shanda Interactive Entertainment (SNDA) [hlAlert]

Rating:
Underweight
SNDA
down 1.59 %

Shanda Interactive Entertainment (SNDA) rated Underweight with price target $41 by HSBC Securities

Posted on: Friday,  Jun 3, 2011  8:25 AM ET by HSBC Securities

HSBC Securities rated Underweight Shanda Interactive Entertainment (NASDAQ: SNDA) on 06/03/2011, when the stock price was $40.62. Since
then, Shanda Interactive Entertainment has gained 1.62% as of 02/14/2012's recent price of $41.28.
If you would have followed this HSBC Securities's recommendation on SNDA, you would have lost 1.59% of your investment in 256 days.

Shanda Interactive Entertainment Limited is a leading interactive entertainment media company in China. Shanda offers a portfolio of diversified entertainment content including some of the most popular massively multi-player and casual online games in China, along with online chess and board games, network PC games and a variety of cartoons, literature works and music. Shanda's interactive entertainment platform attracts a large and loyal user base, of which more and more is coming from homes. Each user can interact with thousands of others and enjoy the interactive entertainment content that Shanda provides. Interaction enriches your life.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/3/2011 8:25 AM Sell
None
40.62 41.00
as of 12/30/2011
1 Week up  0.17 %
1 Month up  0.14 %
3 Months down  -35.44 %
1 YTD up  1.50 %

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