Credit Suisse Alters Company PTs, Initiates Coverage on Dangdang (DANG)

Credit Suisse is out with its U.S. company change alert this morning. In the report, Credit Suisse initiated coverage on E Commerce China Dangdang DANG with a rating of Neutral and price target of $30.40. Credit Suisse changed the price target of Diana Shipping DSX and Genco Shipping & Trading GNK in the Ocean Shipping sector. Credit Suisse lowered Diana Shipping's price target to $17 from $20, and lowered Genco Shipping & Trading's price target to $14 from $20. Credit Suisse also altered the price targets of companies Amazon AMZN to $185 from $165, Caterpillar CAT to $121 from $110, Precision Castparts PCP to $163 from $149, Chubb CB to $62 from $61, Eaton ETN to $112 from $97, CONSOL Energy CNX to $57 from $60, Stanley Black & Decker SWK to $85 from $75, KLA-Tencor KLAC to $52 from $45, Microchip Technology MCHP to $42 from $35, Avnet AVT to $36 from $29, Helmerich & Payne HP to $57 from $50, Owens-Illinois OI to $32 from $30, Kennametal KMT to $47 from $42, Cypress Semiconductor CY to $22 from $13, Varian Semiconductor Equipment VSEA to $43 from $36, Ariba ARBA to $34 from $31, and Digital River DRIV to $32.50 from $37.50.