US RESEARCH SUMMARY-Non-S&P 500 March 27 1713 GMT

Fri Mar 27, 2009 1:13pm 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 
 3com Corp      Barclays          Raises to equal weight from 
                                          underweight 
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 Accenture       JP Morgan         Cuts price target to $32 from $39 
                        Stifel            Cuts to hold from buy 
                        UBS               Cuts price target to $39 from $41; 
                                          keeps buy rating 
                        Deutsche Bank     Cuts price target to $36 from $38 
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 ACE             Citigroup         Cuts price target to $45 from $54; 
                                          rating hold 
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 Activision Blizzard    Citigroup         Removes from top picks live list 
  
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 Alon USA Energy  Caris            Cuts to above average from buy 
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 Alpha Natural           Goldman Sachs    Starts with neutral 
 Resources        Raymond James    Cuts to outperform from strong buy 
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 Autoliv         Bofa-Merrill      Raises to buy from underperform 
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 AMB Property Corp      Goldman Sachs     Cuts price target to $12 from $13 
  
                        RBC               Raises price target to $19 from 
                                          $17; rating outperform 
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 Apollo Investment      BMO               Raises to outperform from market 
                                  perform 
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 Arch Coal       Goldman Sachs     Starts with buy 
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 Ashland         Credit Suisse     Raises price target to $15.50 from 
                                          $13.50 
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 Basic Energy Services  Barclays          Cuts to equal weight from overweight 
    
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 Berry Petroleum        Goldman Sachs     Raises price target to $12 from $9 
  
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 Bill Barrett    Goldman Sachs     Raises price target to $26 from $24 
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 Bristow Group   Barclays          Cuts price target to $28 from $30; 
                                          keeps equal-weight rating 
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 Buckeye Gp Holdings    Goldman Sachs     Removes from conviction buy list; 
                                   cuts to neutral 
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 CF Industries    UBS               Starts with neutral; price target of 
                                          $72 
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 Canadian Natural       Goldman Sachs     Raises price target to $47 from $42 
 Resources  
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 Canadian National      Stifel            Cuts to hold from buy 
 Railway  
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 Canadian Pacific       Stifel            Cuts to hold from buy 
 Railway  
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 Carbo Ceramics  Barclays          Cuts price target to $37 from $51; 
                                          rating equal weight 
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 Cathay General         Sandler O'Neill   Cuts price target to $10 from $11 
 Bancorp   
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 CBL & Associates       Goldman Sachs     Cuts price target to $2.50 
 Properties  
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 Choice Hotels          JP Morgan         Cuts to underweight from neutral 
 International  
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 Cobiz Financial        Fox-Pitt          Starts with in line; price target 
                                  of $6 
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 Coeur D'Alene Mines    RBC               Raises to sector perform from 
                                   underperform 
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 Columbia Banking       Sandler O'Neill   Cuts price target to $10 from $12 
 System  
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 Comverge       RBC               Raises price target to $8 from $7; 
                                          rating outperform 
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 CVB Financial  Sandler O'Neill   Cuts price target to $8.50 from $9.50 
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 Deckers Outdoor        Credit Suisse     Starts with underperform 
   
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 Duke Realty     Goldman Sachs     Removes from conviction list 
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 Dupont           UBS               Starts with buy; price target of $28 
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 East West Bancorp      Sandler O'Neill   Cuts price target to $5.50 from $9.50 
   
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 Encana          Goldman Sachs     Cuts price target to $47 from $50 
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 Encore Acquisition Co  Goldman Sachs     Cuts price target to $32 from $35 
  
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 Enterprise Products    Goldman Sachs     Adds to conviction buy list 
 Partners  
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 First Solar    Collins Stewart   Downgrades to hold 
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 Foundation Coal        Goldman Sachs     Starts with buy 
  
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 Gildan Activewear      Credit Suisse     Starts with neutral 
  
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 Guess           Credit Suisse     Starts with outperform rating 
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 Hatteras Financial     Deutsche Bank     Starts with buy; price target of 
                                   $25.50 
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 Hercules Offshore      Barclays          Cuts to equal weight from overweight 
   
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 Iconix Brand   Credit Suisse     Starts with neutral 
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 Intrepid Potash        UBS               Starts with buy; price target of $27 
  
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 James River Coal       Raymond James     Cuts to outperform from strong buy 
  
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 Key Energy Services    Barclays          Cuts to equal weight from overweight 
  
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 Landstar System        Stifel            Cuts to hold from buy 
   
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 Lubrizol Corp    Jefferies         Raises price target to $40 from $37; 
                                          rating buy 
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 Lululemon Athletica    Caris             Raises to average from below average 
  
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 Macerich Co     Goldman Sachs     Cuts to sell from neutral 
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 Mariner Energy   Goldman Sachs     Cuts price target to $10 from $12 
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 MGM Mirage      BMO               Cuts to market perform from outperform 
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 Mosaic          UBS               Starts with buy rating; pirce target 
                                          of $63 
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 Newfield Exploration   Goldman Sachs     Raises price target to $32 from $29 
  
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 Nexen INC       Goldman Sachs     Raises price target to $20 from $17 
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 Old Dominion Freight   Stifel            Cuts to hold from buy 
 Line  
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 Patterson-UTI Energy   Barclays          Cuts to equal weight from overweight 
  
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 Patriot Coal    Goldman Sachs     Starts with sell 
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 Post Properties Inc    Goldman Sachs     Adds to conviction sell list 
  
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 Potash Corp     UBS               Raises price target to $105 from $95; 
                                          rating buy 
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 Riverbed Technology    Baird             Cuts to neutral from outperform 
  
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 SAIA           Stifel            Cuts to hold from buy 
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 Sandridge Energy       Goldman Sachs     Cuts price target to $8 from $9 
   
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 Shore Bancshares       Sandler O'Neill   Raises price target by $4 to $22; 
                                  rating hold 
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 Spectrum Control       Needham           Cuts price target to $10 from $11; 
                                  rating buy 
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 Suntech Power Holdings Oppenheimer       Cuts to underperform 
  
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 Superior Energy        Barclays          Cuts to equal weight from overweight 
 Services   
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 SVB Financial Group    Sandler O'Neill   Raises price target to $23 from $20 
   
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 Synnex Corp     Needham           Raises to buy from hold 
                        Raymond James     Raises price target to $21 from $19; 
                                          rating outperform 
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 SPX Corp        Credit Suisse     Raises price target to $49 from $41 
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 Talisman Energy  Goldman Sachs    Cuts to sell from neutral 
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 TCF FINANCIAL   Stifel            Cuts to hold from buy 
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 Teppco Partners  Goldman Sachs    Raises to buy from neutral 
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 Terra Industries       UBS               Starts with neutral; price target of 
                                   $29 
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 Tetra Technologies     Barclays          Cuts to equal weight from overweight 
  
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 Tibco Software         Jefferies         Raises price target to $4 from $3; 
                                  rating underperform 
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 Treehouse Foods  S&P Equity       Raises to buy from hold 
                        Research  
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 Trina Solar     Friedman          Cuts to underperform from market 
                                          perform 
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 Universal Truckload    Stifel            Cuts to hold from buy 
 Svcs  
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 UTI Worldwide  Stifel            Cuts price target to $17 from $18; 
                                          rating buy 
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Keywords: US RESEARCH/  
    
 Walter Industries      Raymond James     Cuts to outperform from strong buy 
  
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 Warnaco Group   Credit Suisse     Starts with neutral 
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 WMS Industries  Goldman Sachs     Raises price target to $25 from 
                                          $22.50; keeps buy rating 
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 Wuxi Pharmatech  Jefferies         Cuts price target to $5 from $6.20; 
                                          rating hold 
                        Susquehanna       Cuts to neutral from positive 
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 ((Compiled by Mihir Dalal and Ramya Dilip; Bangalore Equities Newsdesk +91 80 
4135 5800; within U.S. +1 646 223 8780)) 
 
Keywords: US RESEARCH/  
    
 
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RCH/US2

 

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