Oct 9. Merrill Lynch raises Tatneft’s target price 8%, reiterates Buy recommendation.

Finamrus com 09.10.2007 18:13
http://www.finamrus.com/newtopics/news03B0A/default.asp

Investment bank Merrill Lynch has revised upward its target price for Tatneft's securities from $6.00 to $6.50, the bank said in an equity research note. The Buy recommendation on the stock was left unchanged.

Oct 5. Goldman Sachs cuts Comstar-UTS GDR to Sell, raises target price 12%.

Finamrus com 05.10.2007 15:34
http://www.finamrus.com/newtopics/news03AE0/default.asp

Goldman Sachs (GS) has raised its target price for Global Depositary Receipts (GDRs) of Comstar-UTS by 12.1% to $12.00 per receipt, GS said in a daily research note. At the same time, the stock recommendation was downgraded from Hold to Sell. The downside potential of the telecom company's GDRs to the new level projected by GS analysts, even if it is raised, is too big, which prompted them to cut the stock recommendation to Sell.

Oct 4. Goldman Sachs raises VTB GDR to Hold, cuts target price 16%.

Finamrus com 04.10.2007 14:27
http://www.finamrus.com/newtopics/news03AD1/default.asp

Goldman Sachs has upgraded its target price for VTB's GDRs from $100.73 to $9.07 after the bank released its Q207 financials, GS said in a note. Meanwhile, the stock recommendation was lifted from Sell to Hold because of a recent decline in the lender’s stock valuations.