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Feihe International, Inc. Message Board

  • kingfrogcash kingfrogcash Apr 4, 2012 12:41 PM Flag

    Roth earnings report

    Research Detail
    04-04 ADY
    American Dairy, Inc.
    ROTH Institutional Analysis ADY: Q4 Top Line Results Show Market Share Growth. As demonstrated by Q4’s top line results, ADY continues to take market share in the Chinese infant formula market. We believe its superior product quality and its increased focus on expanding its distribution network will lead to greater brand awareness and ultimately more market share. Accordingly, we reiterate our Buy rating but lowering our price target to $7 from $9.

 

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