Susquehanna Ups Price Target on VisionChina (VISN) to $22
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- Susquehanna Ups Price Target on VisionChina (VISN) to $22
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Susquehanna raises its price target on VisionChina Media (Nasdaq: VISN) from $19 to $22. The firm maintains a Positive rating.
The firm calls VisionChina's Q2 earnings, which were reported yesterday, impressive "In light of the adverse impact caused by the earthquake to the overall ad market."
Notably, shares of VisionChina are up more than 12% today on the back of the solid earnings report. The stock most recently traded at $20.93, up $2.32 from yesterday's closed.
VisionChina Media, Inc., through its consolidated affiliated entity, China Digital Mobile Television Co., Ltd., provides advertising services in the People's Republic of China.
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