US RESEARCH SUMMARY-S&P 500 May 1 1642 GMT
Following is a summary of research actions on S&P 500 companies reported by Reuters on Friday. Stock entries are in alphabetical order. For a summary of research on non-S&P 500 companies, double click on [RCH/US2] For a summary of research on Canadian companies, double click on [RCH/CA] See bottom of the table for sector changes. --------------------------------------------------------------------------- STOCK RESEARCH BY ACTION Affiliated Computer JP Morgan Raisesprice target to $52 from $48; Servicesrating neutral --------------------------------------------------------------------------- Apache Corp Credit Suisse Raises price target to $80 from $72 UBS Raises price target to $100 from $95; rating buy --------------------------------------------------------------------------- Assurant KBW Starts with market perform rating and $28 price target --------------------------------------------------------------------------- Celgene Corp Bernstein Raises price target to $55 from $53; rating outperfrom Credit Suisse Cuts to neutral from outperform --------------------------------------------------------------------------- Charles Schwab Sandler O'Neill Raises price target to $21 from $19; rating buy --------------------------------------------------------------------------- Cognizant Technology Citigroup Raises price target to $32 from $26; rating buy --------------------------------------------------------------------------- Comcast Corp Raymond James Cuts to market perform from outperform RBC Raises price target to $19 from $17; rating sector perform --------------------------------------------------------------------------- Covidien Citigroup Cuts price target to $42 from $46; rating buy Raymond James Cuts price target to $40 from $44; rating outperform --------------------------------------------------------------------------- CVS Caremark Canaccord Adams Starts with buy; price target of $41 --------------------------------------------------------------------------- Cummins Jefferies Raises price target to $35 from $22; rating hold --------------------------------------------------------------------------- Dominion Resources Bernstein Cuts price target to $30 from $39; rating market perform --------------------------------------------------------------------------- Embarq Corp Raymond James Cuts to market perform from strong buy --------------------------------------------------------------------------- Expedia Barclays Raises price target to $15 from $12; rating equal-weight Citigroup Raises price target to $19 from $14; rating buy --------------------------------------------------------------------------- General Dynamics Morgan Stanley Raises price target to $44 from $40; rating equal-weight --------------------------------------------------------------------------- Kellogg Co Credit Suisse Raises price target to $50 from $44 --------------------------------------------------------------------------- Kimco Realty Raymond James Raises price target to $13 from $11; rating outperform --------------------------------------------------------------------------- Kroger Canaccord Adams Starts with buy; price target of $27.50 --------------------------------------------------------------------------- Mastercard S&P Equity Raises price target by $20 to $185; keeps hold rating Credit Suisse Raises price target to $185 from $175; rating neutral --------------------------------------------------------------------------- Mcafee Inc Jefferies Raises price target to $41 from $34; keeps buy rating Friedman Raises price target to $38 from $34; rating market perform Stifel Raises price target to $49 from $38; rating buy Lazard Raises price target to $43 from $40; rating buy Citigroup Raises price target to $46 from $37; rating buy Credit Suisse Raises price target to $36.50 from $34.00 Raymond James Raises to strong buy from outperform RBC Raises price target to $45 from $36; rating outperform UBS Raises price target to $42 from $34; rating neutral --------------------------------------------------------------------------- McDonald's Goldman sachs Removes from conviction buy list [nBNG472538] --------------------------------------------------------------------------- Monster Worldwide S&P Equity Raises to buy from hold --------------------------------------------------------------------------- Motorola Jefferies Raises price target to $6 from $5; rating hold Raymond James Raises target price to $7 from $6; rating strong buy UBS Raises price target to $6 from $3.8; rating neutral --------------------------------------------------------------------------- Mylan Citigroup Cuts price target to $15 from $16; rating buy --------------------------------------------------------------------------- Newell Rubbermaid Citigroup Raises price target to $15 from $12; rating buy --------------------------------------------------------------------------- Noble Energy Canaccord Adams Raises price target to $62 from $60; rating buy UBS Cuts price target to $68 from $70; rating buy --------------------------------------------------------------------------- NYSE Euronext Jefferies Raises price target to $23 from $20; rating hold Sandler O'Neill Raises price target to $27 from $23; rating buy --------------------------------------------------------------------------- Procter & Gamble Citigroup Cuts price target to $52 from $58; rating hold --------------------------------------------------------------------------- Qlogic Corp Baird Raises to outperform from neutral Thinkequity Cuts to accumulate Wedbush Raises price target to $16 from $14; rating buy --------------------------------------------------------------------------- Safeway Canaccord Adams Starts with buy; price target of $27 --------------------------------------------------------------------------- Southern Co Jefferies Cuts price target to $25 from $28; rating hold --------------------------------------------------------------------------- Starwood Hotels & KBW Cuts price target to $25 from $30 Resorts --------------------------------------------------------------------------- Teradyne Credit Suisse Raises price target to $6.00 from $4.75 UBS Raises price target to $8 from $5.5; rating buy --------------------------------------------------------------------------- Travelers Companies KBW Cuts price target to $49 from $53 Sandler O'Neill Cuts price target to $50 from $54; keeps buy rating --------------------------------------------------------------------------- Tyco International Citigroup Raises price target to $28 from $25; rating buy --------------------------------------------------------------------------- Viacom UBS Raises price target to $20 from $17; rating neutral --------------------------------------------------------------------------- Watson Pharmaceuticals RBC Raises price target to $39 from $37; rating outperform UBS Raises price target to $32 from $28; rating neutral --------------------------------------------------------------------------- Wyndham Worldwide UBS Cuts to neutral from buy --------------------------------------------------------------------------- ((Compiled by Ramya Dilip; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)) Keywords: US RESEARCH/ (C) Reuters 2009. 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