US RESEARCH SUMMARY-Non-S&P 500 Feb 2 1505 GMT
Following is a summary of research actions on non-S&P 500 companies reported by Reuters on Monday. 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] --------------------------------------------------------------------------- STOCK RESEARCH BY ACTION Active PowerRBC Cuts price target to $1 from $2; rating outperform --------------------------------------------------------------------------- American Axle Baird Cuts price target to $5 from $6; rating neutral --------------------------------------------------------------------------- Boston Beer Deutsche Bank Cuts price target to $31 from $34; rating hold --------------------------------------------------------------------------- Cardica Lazard Cuts price target to $9 from $11; rating buy --------------------------------------------------------------------------- Cash America RBC Cuts price target to $22 from $36; International rating sector perform --------------------------------------------------------------------------- CEC Entertainment Morgan Keegan Raises to outperform from market perform on valuation, strong cash flow --------------------------------------------------------------------------- Choice Hotels Barclays Cuts price target to $20 from $26; rating equal-weight --------------------------------------------------------------------------- Encore Bancshares Sandler O'Neill Cuts price target to $12 from $17; rating buy --------------------------------------------------------------------------- Fcstone Group Sandler O'Neill Cuts price target to $4 from $5; rating hold --------------------------------------------------------------------------- Ferro Corp Keybanc Raises to hold from underweight --------------------------------------------------------------------------- First Niagara Sandler O'Neill Cuts price target by $1.50 to $14; Financial keeps hold rating --------------------------------------------------------------------------- Flowserve Corp RBC Cuts price target to $75 from $80; rating outperform --------------------------------------------------------------------------- Glacier Bancorp Sandler O'Neill Cuts price target to $15 from $17; rating hold --------------------------------------------------------------------------- Invesco Ltd Jefferies Cuts price target to $15.00 from $18.00; rating buy --------------------------------------------------------------------------- Ion Geophysical Barclays Cuts price target to $7 from $10; rating overweight --------------------------------------------------------------------------- Labranche Goldman Sachs Cuts to neutral from buy --------------------------------------------------------------------------- MB Financial Sandler O'Neill Cuts price target to $15 from $20; keeps sell rating --------------------------------------------------------------------------- Nara Bancorp BMO Cuts price target to $7 from $10; rating market perform Sandler O'Neill Cuts price target to $6.50 from $9; rating hold --------------------------------------------------------------------------- Nasdaq Goldman Sachs Cuts to neutral; price target to $23 from $25 --------------------------------------------------------------------------- Parexel International Wachovia Raises to outperform from market perform --------------------------------------------------------------------------- Patterson-UTI Energy Tristone Cuts price target to $8 from $9; keeps underperform rating --------------------------------------------------------------------------- Petroquest Energy Jefferies Cuts to hold from buy; price target to $6 from $12 --------------------------------------------------------------------------- Pinnacle Entertainment Goldman Sachs Cuts to neutral from buy --------------------------------------------------------------------------- Plains Exploration & Barclays Cuts price target to $56 from $60; Production rating overweight --------------------------------------------------------------------------- QLT Inc RBC Raises price target to $3.50 from $3; rating sector perform --------------------------------------------------------------------------- Quality Systems Caris Cuts to average from above average on valuation --------------------------------------------------------------------------- S&T Bancorp Janney Montgomery Cuts fair value to $31 from $34; Scott rating buy --------------------------------------------------------------------------- Scientific Games Goldman Sachs Raises to buy from neutral --------------------------------------------------------------------------- Targa Resources RBC Cuts price target to $21 from $25; Partners rating outperform --------------------------------------------------------------------------- Tetra Tech BMO Raises to market perform from underperform --------------------------------------------------------------------------- THQ Inc Wedbush Cuts price target to $5.50 from $7.50; keeps buy rating --------------------------------------------------------------------------- Warner Music Goldman Sachs Cuts price target to $1.75 from $3.50; rating sell --------------------------------------------------------------------------- Western Alliance RBC Cuts price target to $7 from $9; Bancorp rating sector perform --------------------------------------------------------------------------- Wilmington Trust RBC Cuts price target to $12 from $17; rating sector perform --------------------------------------------------------------------------- ((Compiled by Tenzin Pema and Shrutika Verma; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)) Keywords: US RESEARCH/ (C) Reuters 2009. 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