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News Breaks
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November 2, 2009
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| 09:01 EDT |  | HRBN |
| theflyonthewall.com: | Harbin Electric will become major player after acquisition, says Roth Capital | | After visiting Simo Motor, which was acquired by Harbin Electric, Roth Capital has more confidence in Harbin's long-term outlook and believes the deal will turn Harbin into a major electrical motor manufacturer in China. The firm raised its target to $29 from $23 and reiterates a Buy rating on the stock. :theflyonthewall.com |
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