Kaufman Bros Adds AsiaInfo Holdings (ASIA) To 'Focus List'; Strong Fundamentals Through 2010
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Kaufman Bros maintains a 'Buy' rating on AsiaInfo Holdings Inc. (Nasdaq: ASIA), adds stock to 'Focus List'. Price target $27):
Kaufman analyst says, "We are adding AsiaInfo to the Focus List and view this Chinese telecom billing provider as having strong fundamentals through 2010 (30+% revenue growth, expanding margins, $5.06 cash per share), while being relatively undervalued compared to its Chinese tech peers."
To see more analyst ratings on ASIA Click Here.
AsiaInfo Holdings, Inc. provides telecommunications software solutions, and information technology (IT) security products and services for telecommunications service providers, as well as to other major enterprises in China.
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