Rodman & Renshaw Maintains American Lorain Market Outperform, $5 PT

Rodman & Renshaw maintained its American Lorain ALN Market Outperform rating and $5 price target in a research report published today. In the report, Rodman & Renshaw states, "Considering China's increasingly inflationary environment, the company's below-expectation Q2 gross margin did not strike us as a major surprise." Shares of American Lorain were trading at $1.78 at the time of posting, down 6.37% from Monday's market close.