US RESEARCH SUMMARY-S&P 500 April 3 1659 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 AeropostaleUBS Raises price target to $31 from $26; keeps buy rating --------------------------------------------------------------------------- American Express Goldman Sachs Keeps sell rating [nWNAB0562] --------------------------------------------------------------------------- Arqule UBS Cuts to neutral from buy; price target to $4.75 from $5.00 --------------------------------------------------------------------------- Array Biopharma UBS Cuts price target to $6 from $10; keeps buy rating --------------------------------------------------------------------------- Blackboard Canaccord Adams Cuts to hold from buy; price target remains $36 --------------------------------------------------------------------------- Bristol-Myers Squibb Bernstein Cuts to market-perform from outperform --------------------------------------------------------------------------- CME Group Jefferies Raises price target to $230 from $190; keeps hold rating --------------------------------------------------------------------------- Danaher Corp Bernstein Cuts price target to $50 from $55; rating market perform --------------------------------------------------------------------------- Devon Energy Corp Friedman Raises price target to $60 from $50 --------------------------------------------------------------------------- D.R. Horton Inc S&P Equity Raises target price to $13 from $10; rating buy --------------------------------------------------------------------------- DR Pepper Snapple Barclays Starts with overweight; price target of $25 --------------------------------------------------------------------------- Dow Chemical Barclays Raises price target to $11 from $5; rating equal weight --------------------------------------------------------------------------- Evergreen Solar Canaccord Adams Starts with sell rating; price target of $1.75 --------------------------------------------------------------------------- First Horizon National Citigroup Cuts to hold from buy [nBNG489079] --------------------------------------------------------------------------- Freeport Mcmoran UBS Raises price target to $49 from $35; keeps buy rating --------------------------------------------------------------------------- Geron Corp UBS Cuts price target to $5 from $7.25; keeps neutral rating --------------------------------------------------------------------------- Honeywell International UBS Cuts price target to $30 from $31; keeps neutral rating --------------------------------------------------------------------------- IBM S&P Equity Raises price target to $130 from $120; keeps strong buy rating --------------------------------------------------------------------------- Intercontinental Goldman Sachs Adds to America's conviction buy exchange list; raises price target to $90 from $60; rating buy --------------------------------------------------------------------------- Kimco Realty S&P Equity Upgrades to hold from sell --------------------------------------------------------------------------- MKS Instruments S&P Equity Raises to buy from hold; price target to $19 from $15 --------------------------------------------------------------------------- Morgan Stanley Goldman Sachs Keeps buy rating [nWNAB0562] --------------------------------------------------------------------------- Netsuite Canaccord Adams Cuts to hold from buy; price target remains $15 --------------------------------------------------------------------------- Paccar Goldman Sachs Removes from Americas conviction sell list; keeps sell rating; raises price target to $20 from $17 --------------------------------------------------------------------------- PPL Corp Barclays Cuts price target to $40 from $42; rating overweight --------------------------------------------------------------------------- Praxair Inc Barclays Raises price target to $76 from $70; rating overweight --------------------------------------------------------------------------- Pulte Homes S&P Equity Raises price target to $14 from $13, keeps buy rating --------------------------------------------------------------------------- Successfactors Canaccord Adams Cuts to sell from hold; price target remains $6 --------------------------------------------------------------------------- Sunpower Corp Canaccord Adams Starts with hold rating; price target of $23 --------------------------------------------------------------------------- Suntech Power Holdings Canaccord Adams Starts with hold rating; price target of $12 --------------------------------------------------------------------------- Whole Foods Market Jefferies Cuts to hold from buy --------------------------------------------------------------------------- Wisconsin Energy Wachovia Starts with outperform rating --------------------------------------------------------------------------- ((Compiled by Sandhya Menon and Mihir Dalal; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)) (C) Reuters 2009. 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