UPDATE: Bank of America Upgrades Giant Interactive Group to Buy on Divided Policy
February 27, 2013 at 09:29 AM EST
Bank of America upgraded Giant Interactive Group (NYSE: GA ) from Neutral to Buy and raised the price objective from $6.80 to $7.20. Bank of America said, "We upgrade Giant to Buy as it announced an unexpected dividend policy in 4Q12 result, and continues to see growth of its game