US RESEARCH SUMMARY-S&P 500 April 17 1430 GMT

Fri Apr 17, 2009 10:31am EDT
 
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 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. 
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 STOCK                  RESEARCH BY       ACTION 
 Allegheny Energy       Jefferies         Cuts price target to $32 from $39; 
                                   rating buy 
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 Amerisourcebergen      Deutsche Bank     Raises to buy from hold 
  
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 Amphenol Corp   Collins Stewart   Cuts price target to $32.50 from 
                                          $37; rating buy 
                        Credit Suisse     Raises target price to $36 from $29 
                        Citigroup         Raises price target to $37 from $33; 
                                          rating buy 
                        RBC               Raises price target to $37 from $35; 
                                          rating outperform 
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 Bed Bath & Beyond      Barclays          Raises price target to $27 from $25; 
                                  rating equal weight 
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 Biogen Idec    Bernstein         Cuts price target to $46 from $48; 
                                          rating market perform 
                        Barclays          Raises price target to $40 from $38; 
                                          rating underweight 
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 Caterpillar     Credit Suisse     Cuts target price to $32 from $34 
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 Colgate-Palmolive      Deutsche Bank     Cuts price target to $64 from $67; 
                                    rating hold 
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 Corning         Thinkequity       Raises price target to $18 from 
                                          $15; keeps buy rating 
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 Ford Motor        Credit Suisse     Raises price target to $3 from $1 
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 Flowserve       BMO               Cuts to market perform from outperform 
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 Google         Jefferies         Cuts price target to $442 from $450; 
                                          rating buy 
                        Canaccord Adams   Raises price target to $480 from $450; 
                                          keeps buy rating 
                        Susquehanna       Raises fair value to $505 from $495; 
                                          rating positive 
                        RBC               Raises price target to $500 from $475; 
                                          rating outperform 
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 Harley-Davidson        RBC               Raises price target to $18 from $14; 
                                   rating sector perform 
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 Home Depot       Goldman Sachs     Raises price target to $27 from $26 
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 Host Hotels & Resorts  Deutsche Bank     Cuts price target to $7 from $8; 
                                   rating hold 
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 ITW             Wachovia          Cuts to market perform from outperform 
 [nBNG237449]        Credit Suisse     Raises target price to $30 from $27 
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 JPMorgan Chase  KBW               Raises price target to $38 from 
 [nWNAB4321]                           $30; rating outperform 
 [nWNAB4469]         Wachovia          Rates market perform 
                        Fox-Pitt          Cuts to in line from outperform; cuts 
                                          price target to $38 from $40 
                        Barclays          Rates overweight; price target of $42 
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 Juniper Networks       Stifel            Cuts to hold from buy 
   
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 Kimberly-Clark  Deutsche Bank     Cuts price target to $55 from $60; 
                                          rating hold 
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 Lowe's Companies       Goldman Sachs     Adds to America's conviction buy list 
  
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 Morgan Stanley   Fox-Pitt          Rates in line 
 [nBNG450293] 
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 Parker Hannifin  Wachovia          Raises to outperform from market 
                                          perform 
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 Procter & Gamble       Deutsche Bank     Cuts price target to $56 from $63; 
                                    rating hold 
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 Range Resources        Natixis           Cuts price target to $48 from $52; 
                                   rating buy 
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 Regions Financial      Friedman          Rates market perform 
   
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 Sherwin-Williams       Longbow           Raises price target to $40 from $36 
  
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 SLM Corp        KBW               Cuts price target to $13 from $14; 
                                          keeps outperform rating 
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 Starwood Hotels &      Deutsche Bank     Cuts price target to $18 from $21; 
 Resorts                           rating hold 
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 Tyco Electronics       Credit Suisse     Raises target price to $17 from $15 
  
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 Wyndham Worldwide      Deutsche Bank     Raises price target to $8.50 from 
                                   $7; rating hold 
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    ((Compiled by Sandhya Menon; Bangalore Equities Newsdesk +91 80 4135 5800; 
within U.S. +1 646 223 8780)) 
Keywords: US RESEARCH/  
    
 
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RCH/US

 

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