Piper Jaffray Downgrades China Automotive Systems (CAAS) to Neutral

November 9, 2011 9:22 AM EST
Get Alerts CAAS Hot Sheet
Price: $3.36 +3.38%

Rating Summary:
    1 Buy, 3 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 13 | New: 22
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Piper Jaffray downgraded China Automotive Systems (NASDAQ: CAAS) from Overweight to Neutral, price target slashed from $16 to $4.

For an analyst ratings summary and ratings history on China Automotive Systems click here. For more ratings news on China Automotive Systems click here.

Shares of China Automotive Systems closed at $4.90 yesterday.

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