FOCUS MEDIA HLD (FMCN) Upgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research upgraded shares of FOCUS MEDIA HLD (FMCN) from NEUTRAL to OUTPERFORM on June 20, 2012, with a target price of $23.10.

Focus Media operates the largest out-of-home advertising network in China using audiovisual plat-panel displays based on the number of locations and number of displays in its network.

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