US RESEARCH SUMMARY-S&P 500 April 17 1613 GMT

Fri Apr 17, 2009 12:13pm 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 
                        UBS               Raises price target to $32.5 from 
                                          $26; rating neutral 
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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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 Emerson Electric       UBS               Raises price target to $33 from 
                                   $30; rating neutral 
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 Ford Motor        Credit Suisse     Raises price target to $3 from $1 
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 Forest Laboratories    UBS               Raises price target to $23 from 
                                   $21.5; rating neutral 
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 Flowserve       BMO               Cuts to market perform from 
outperform 
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 Gamestop        Lazard            Raises price target to $34 from 
                                          $31; rating buy 
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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 
                        Canaccord Adams   Raises price target to $480 from  
                                          $450; rating buy 
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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 
                        Sandler O'Neill   Raises price target to $36;  
                                          rating hold 
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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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 Lockheed Martin        UBS               Cuts price target to $82 from  
                                   $88; rating neutral 
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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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nBNG442911
RCH/US

 

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