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Dongfeng Motor's Rating Gets Upgraded to `Buy' at Citigroup

Written by Administrator
Wednesday, 04 October 2006
Oct. 4 (Bloomberg) -- Dongfeng Motor Group Co., which makes cars in China with Nissan Motor Co. and PSA Peugeot Citroen, had its rating raised to ``buy'' from ``hold'' at Citigroup Inc. The bank also raised its target price for the carmaker to HK$3.95 from HK$3.70, analyst Charles Cheung wrote in a report today.

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