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Technology Stocks : Renren
RENN 1.650-2.9%Jun 21 5:00 PM EST

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From: Lahcim Leinad6/13/2011 12:47:59 PM
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Renren Slides; Deutsche Bank Says Hold; Oppenheimer Bullish

blogs.forbes.com

"Deutsche Bank analyst Alan Hellawell launched coverage of the China-based social networking company with a Hold rating and $8.42 price target."

"Oppenheimer analyst Andy Yeung also launched coverage of Renren today, taking a more bullish stance: he set an Outperform rating and $12 target."

They could both be right, but Alan Hellawell already is right - price target wise. We'll see about that Hold rating of his, later. (g)
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