US RESEARCH SUMMARY-Non-S&P 500 May 1 1751 GMT

Fri May 1, 2009 1:51pm EDT
 
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 Following is a summary of research actions on non-S&P 500  companies reported 
 by Reuters on Friday. Stock entries are in alphabetical order. 
 For a summary of research on S&P 500 companies, double click on [RCH/US] 
 For a summary of research on Canadian companies, double click on [RCH/CA] 
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 STOCK                  RESEARCH BY       ACTION 
 ACME Packet    Credit Suisse     Raises price target to $9 from $4 
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 Advanta Corp  KBW               Cuts price target to $3 from $6 
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 Agnico-Eagle Mines     RBC               Cuts price target to $60 from $62; 
                                   rating sector perform 
                        BMO               Cuts price target to $57 from $60; 
                                          rating market perform 
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 Albemarle       Citigroup         Adds to top picks live list 
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 Amag Pharmaceuticals   Jefferies         Raises price target to $55 from $45; 
                                  rating buy 
                        Citigroup         Raises price target to $65 from $37; 
                                          rating buy 
                        Canaccord Adams   Raises price target to $67 from $57; 
                                          rating buy 
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 Americredit     Friedman          Raises price target to $9 from $5; 
                                          rating market perform 
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 Applied Micro          S&P Equity        Raises price target by $1 to $5.50; 
 Circuits                         rating sell 
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 ART Technology Group   Raymond James     Raises target price to $4 from $3; 
 Inc                              rating strong buy 
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 Ashland         Jefferies         Raises price target to $30 from $22; 
                                          keeps buy rating 
                        Longbow           Raises price target to $31 from $17 
                        Credit Suisse     Raises price target to $31 from $24 
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 Asset Acceptance       KBW               Raises price target to $7 from $6 
 Capital Corp  
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 Baldor Electric Co     Baird             Raises price target to $26 from $24; 
                                   rating outperform 
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 Banner Corp    KBW               Raises price target to $4 from $2 
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 Bebe Stores    Wedbush           Raises price target to $7 from $6; 
                                          rating hold 
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 Big 5 Sporting Goods   Needham           Raises to buy from hold 
  
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 Biomed Realty Trust    Raymond James     Raises price target to $13.50 from 
                                   $10; rating outperform 
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 Borgwarner Inc         Baird             Raises price target to $25 from $16; 
                                   rating underperform 
                        Credit Suisse     Raises price target to $30 from $18 
                        UBS               Raises price target to $30 from $21; 
                                          rating neutral 
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 Cabela's Inc    JP Morgan         Raises price target to $14 from $10; 
                                          rating neutral 
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 Cabot           Jefferies         Raises price target to $15 from 
                                          $13; rating hold 
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 Calamos Asset          KBW               Raises price target to $12 from 
 Management                       $6.50 
                        Credit Suisse     Raises price target to $8 from $6;  
                                          rating underperform 
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 Callaway Golf   Wedbush           Raises to hold from sell 
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 Callidus Software      Wedbush           Cuts price target to $3.50 from $5; 
                                  rating hold 
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 Canadian Natural       Goldman Sachs     Raises price target to $55 from $47 
 Resources  
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 CBeyond INC    Jefferies         Raises price target to $16 from $12; 
                                          rating underperform 
                        RBC               Raises price target to $23 from $17; 
                                          rating sector perform 
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 Central European       Jefferies         Raises price target to $27 from $25; 
 Distribution                     rating buy 
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 Cerus Corp     Baird             Cuts price target to $3 from $5;  
                                          rating outperform 
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 Chiquita Brands        BB&T              Raises price target to $12 from $10; 
 International                     rating buy 
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 Cincinnati Financial   S&P Equity        Downgrades to strong sell from hold 
 Corp  
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 Circor International   RBC               Cuts price target to $26 from $28; 
                                   rating sector perform 
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 Commercial Vehicle     Baird             Cuts price target to $2 from $3;  
 Group                            rating neutral 
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 Comscore       Jefferies         Cuts price target to $15 from $18; 
                                          keeps buy rating 
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 Copart INC     RBC               Raises price target to $36 from $29; 
                                          rating outperform 
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 Corinthian Colleges    UBS               Raises price target to $35 from $30; 
                                  rating buy 
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 Crown Castle           Jefferies         Raises price target to $29 from $27; 
 International                     keeps buy rating 
                        UBS               Raises price target to $25 from $21; 
                                          rating neutral 
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 Cytec Industries       Jefferies         Raises price target to $20 from $17; 
                                   keeps hold rating 
                        Credit Suisse     Raises price target to $7 from $8 
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 Diamond Foods  Keybanc           Starts with buy; price target of $32 
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 Digital Realty Trust   Raymond James     Raises price target to $41 from $36 
  
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 Dolby Laboratories     Collins Stewart   Raises price target to $29 from $22; 
                                   rating sell 
                        Canaccord Adams   Raises price target to $46 from $40; 
                                          rating buy 
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 Dryships       Lazard            Raises to hold from sell 
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 Duke Realty     Baird             Cuts to neutral from outperform 
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 Eagle Rock Energy      Raymond James     Cuts to underperform from market  
 Partners                         perform 
                        RBC               Cuts to sector perform from 
                                          outperform 
                        UBS               Cuts price target to $6 from $9; 
                                          rating buy 
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 Encore Capital Group   Jefferies         Raises price target to $9 from 
                                  $5.50; rating hold 
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 Endeavour              Canaccord Adams   Resumes coverage ofwith buy rating 
 International  
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 Entropic               Credit Suisse     Raises price target to $2.00 from 
 Communications                   $0.90 
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 Evercore Partners      KBW               Raises price target to $17.50  
                                   from $13.50 
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 Evergreen Solar        Raymond James     Cuts to underperform from market  
 Inc                              perform 
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 Femsa           HSBC              Raises price target to $34 from 
                                          $30; keeps overweight rating 
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 Flowers Foods   Keybanc           Starts fwith buy; price target of 
                                          $27 
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 Flowserve Corp  RBC               Raises price target to $90 from $75; 
                                          rating outperform 
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 FMC Technologies       Credit Suisse     Raises price target to $33 from $30 
  
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 Fresenius Medical      RBC               Cuts price target to $50 from $56; 
 Care                              rating outperform 
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 Harmonic Inc   UBS               Raises price target to $8 from $5.5; 
                                          rating neutral 
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 Hatteras Financial     Wachovia          Cuts to market perform from 
                                   outperform 
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 Helmerich & Payne      Tristone          Cuts to market perform from top pick 
                                    on valuation 
                        Credit Suisse     Raises price target to $28 from $25 
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 Hertz global           UBS               Raises price target to $6.75 from 
 Holdings                          $3.25; rating neutral 
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 Huron Consulting       UBS               Cuts price target to $75 from $80; 
                                  rating buy 
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 Gen Probe      Caris             Cuts price target to $50 to $59; 
                                          rating above average 
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 Gentiva Health         Jefferies         Cuts price target to $27 from $32; 
 Services                         rating buy 
                        Raymond James     Cuts target price to $20 from $33; 
                                          rating outperform 
                        Credit Suisse     Cuts price target to $20 from $28 
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 Hornbeck Offshore      Jefferies         Raises price target to $25 from $17; 
 Services                          rating hold 
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 Graftech International Jefferies         Raises price target to $12 from $10; 
                                   keeps buy rating 
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 Infinity Property      RBC               Raises to sector perform from 
 and Casualty Corp                underperform 
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 Ingram Micro     S&P Equity        Raises to hold from sell 
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 Interface Inc          Canaccord Adams   raises price target to $7 from $4; 
                                 rating hold 
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 Interline Brands       S&P Equity        Raises to hold from sell 
  
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 Iowa                   RBC               Cuts price target to $14 from $16; 
 Telecommunications                rating sector perform 
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 Kansas City            UBS               Cuts price target to $20 from $21; 
 Southern                          rating buy 
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 KBR Inc         Stifel            Raises price target to $21 from $18; 
                                          rating buy 
                        UBS               Raises price target to $19 from $17; 
                                          rating buy 
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 Kirby Corp      Jefferies         Raises to hold from underperform 
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 LKQ Corp       BB&T              Capital raisesprice target to $21 
                                          from $18; rating buy 
                        Raymond James     Raises price target to $18.50 from 
                                          $15; rating outperform 
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 Lubrizol Corp    Jefferies         Raises price target to $53 from $48; 
                                          keeps buy rating 
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 Martha Stewart  RBC               Cuts price target to $3 from $4; 
                                          rating sector perform 
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 Maxim Integrated       Thinkequity       Raises to buy 
 Products  
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 MB Financial   KBW               Cuts price target to $16 from $20 
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 McAfee Inc      Baird             Cuts to neutral from outperform  
                        UBS               Raises price target to $42 from $34; 
                                          rating neutral 
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 Magellan Health        Credit Suisse     Cuts price target to $37 from $41 
 Services  
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 Meritage Homes  FTN Equity        Starts mwith buy rating; price 
                                          target of $27 
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 Mettler-Toledo  Baird             Raises to outperform from neutral 
                        UBS               Raises price target to $68 from $56; 
                                          rating neutral 
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 Micros Systems Jefferies         Raises price target to $28 from $25; 
                                          rating buy 
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 Molina Healthcare      UBS               Raises price target to $23 from $21; 
                                   rating neutral 
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 Morningstar    KBW               Raises price target to $38 from $27 
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 Mylan           Citigroup         Cuts price target to $15 from $16; 
                                          rating buy 
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 Nalco Holding   Canaccord Adams   Raises price target to $20 from $16; 
                                          rating buy 
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 Natus Medical  Needham           Raises to buy from hold 
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 Netlogic Microsystems  Jefferies         Raises price target to $39 from $35; 
                                  rating buy 
                        Stifel            Raises price target to $36 from $25; 
                                          rating buy 
                        Wedbush           Raises price target to $34 from 
                                          $24.50; rating hold 
                        Caris             Raises price target to $35 to $30; 
                                          rating buy 
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 Netscout Systems       Wedbush           Raises to buy from hold 
  
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 Neutral Tandem         Raymond James     Raises price target to $31 from $23; 
                                  rating outperform 
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 Nexen           Goldman Sachs     Raises price target to $23 from $20 
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 Northeast Utilities    Jefferies         Cuts price target to $21.50 from  
                                    $23; rating hold 
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 Novamed        RBC               Cuts price target to $4 from $5;  
                                          rating outperform 
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 NRG Energy      Jefferies         Cuts price target to $22.50 from 
                                          $26; keeps hold rating 
                        RBC               Raises price target to $29 from $27; 
                                          rating sector perform 
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 Oceaneering            Jefferies         Raises price target to $54 from $48; 
 International                     rating buy 
                        Tristone          Raises price target by $17 to $62; 
                                          rating outperform 
                        RBC               Raises price target to $54 from $44; 
                                          rating outperform 
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 Odyssey Re      KBW               Cuts price target to $47 from $50 
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 Omnicell               Piper Jaffray     Raises price target to $11 from  
                                  $10; keeps buy rating 
                        Caris             Raises price target to $10; rating 
                                          average 
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 O'Reilly Automotive    Friedman          Cuts to market perform from  
                                  outperform 
                        RBC               Raises price target to $42 from $37; 
                                          rating outperform 
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 Oshkosh Corp    Credit Suisse     Raises price target to $10 from $7 
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 Otelco          Raymond James     Cuts to outperform from strong buy 
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 Owens Corning    JP Morgan         Raises price target to $13.50 from 
                                          $9.50; keeps neutral rating 
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 Pacific Capital        Sandler O'Neill   Cuts price target to $7.50 from 
 Bancorp                          $8.50; rating hold 
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 Palm           UBS               Raises price target to $11 from 
                                          $7.30; rating neutral 
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 PattersoN-Uti Energy   Credit Suisse     Raises price target to $11.00 from 
                                  $7.50 
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 Patriot Coal    Citigroup         Raises to hold from sell; price 
                                          target to $7.50 from $4 
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 Pennsylvania Reit      Stifel            Cuts to sell from hold on capital 
                                   replacement, fundamental risks 
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 Petro-Canada           Goldman Sachs     Raises to buy from sell 
   
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 Plexus Corp    Collins Stewart   Raises price target to $13.30 from 
                                          $7.20; rating sell 
                        RBC               Raises price target to $26 from $18; 
                                          rating sector perform 
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 Pride International    Tristone          Cuts to market perform from top pick 
                                   on valuation 
                        Barclays          Cuts price target to $29 from $31; 
                                          rating overweight 
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 Radiant Systems        Wedbush           Raises price target to $6.50 from 
                                  $5.50; rating hold 
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 Red Hat Inc     Baird             Cuts to neutral from outperform 
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 Regeneron              Credit Suisse     Raises to outperform from neutral 
 Pharmaceuticals  
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 Research in Motion     UBS               Raises to buy from neutral; price 
                          target to $90 from $85 
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 Sepracor       Goldman Sachs     Cuts to sell from neutral 
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 Shire         Caris             Cuts price target to $45 from $49; 
                                          rating above average 
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 Sierra Wireless        RBC               Raises price target to $7 from $6; 
                                  rating sector perform 
                        Haywood           Raises price target by $0.75 to  
                                          $6.25; rating sector perform 
                        Dundee            Raises to buy from neutral; price 
                                          target to $7 from $5.50 
                        Genuity           Raises price target to $7.00 from 
                                          $5.00; rating hold 
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 Sourcefire     Jefferies         Raises price target to $13 from $11; 
                                          rating buy 
                        Stifel            Raises price target to $15 from $10; 
                                          rating buy 
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 Sonus Networks         Jefferies         Cuts to hold from buy 
  
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 Spirit Aerosystems     Credit Suisse     Raises price target to $17 from $15 
  
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 Strayer Education      Credit Suisse     Raises price target to $178 from 
                                  $170 
                        UBS               Raises price target to $315 from 
                                          $310; rating buy 
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 Suncor Energy          Goldman Sachs     Raises to buy from sell; adds to 
                             conviction buy list 
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 Symmetry Medical       Wachovia          Cuts to underperform from market 
                                   perform 
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 Telecommunication      Wedbush           Raises price target to $12 from $10; 
 Systems                          rating buy 
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 Tenneco Inc     Baird             Raises price target to $4 from $3; 
                                          rating neutral 
                        Credit Suisse     Raises price target to $5 from $2 
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 Time Warner Cable      Raymond James     Cuts to market perform from 
                                   outperform 
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 Trico Bancshares       KBW               Raises to outperform from market  
                                  perform; price target to $22 from 
                                          $16 
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 TTM Technologies       Longbow           Raises price target to $10.00 from 
                                  $8.50 
                        RBC               Raises price target to $9 from $8; 
                                          rating outperform 
                        UBS               Raises price target to $8 from $6; 
                                          rating neutral 
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 Ultralife      RBC               Cuts price target to $7 from $11;  
                                          rating sector perform 
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 Unifi Inc       Caris             Raises to above average from average 
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 United Bankshares      Sandler O'Neill   Cuts to sell from hold on valuation 
   
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 Varian Semiconductor   Caris             Raises price target to $27 to $20; 
 Equipment                        rating average 
                        Credit Suisse     Raises price target to $19.50 from 
                                          $13.50 
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 Vistaprint     Jefferies         Raises price target to $40 from $33; 
                                          rating buy 
                        Citigroup         Raises price target to $44 from $28; 
                                          rating buy 
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 Volcom         Wedbush           Raises price target to $12 from $9; 
                                          rating hold 
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 Walter Industries      BMO               Raises price target to $22 from $20; 
                                   rating market perform 
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 Washington Real Estate RBC               Raises price target to $22 from $20; 
 Investment Trust                  rating sector perform 
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 Westamerica Bancorp    Stifel            Cuts to sell from hold 
  
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 Williams Partners      RBC               Cuts to outperform from top pick 
  
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 Williams Pipeline      Stifel            Cuts to hold from buy 
 Partners  
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 Wonder Auto Technology Susquehanna       Cuts to neutral from positive 
  
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 ((Compiled by Tenzin Pema, Mary Meyase and Shrutika Verma; Bangalore Equities 
Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)) 
 
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RCH/US2

 

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