US RESEARCH SUMMARY-Non-S&P 500 Feb 6 1726 GMT

Fri Feb 6, 2009 12:26pm EST
 
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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 
 Abiomed        Morgan Stanley    Cuts to equal-weight from overweight 
                        Lazard            Cuts price target to $14 from $17; 
                                          rating buy 
                        Stifel            Cuts price target to $18 from $25; 
                                          rating buy 
                        UBS               Cuts to neutral from buy 
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 Acme Packet    Thinkequity       Raises to accumulate 
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 Aeropostale     Barclays          Raises price target to $21 from 
                                          $13; rating underweight 
                        UBS               Raises price target to $26 from $24; 
                                          keeps buy rating 
                        S&P Equity        Raises to strong buy from hold 
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 AGL Resources   Calyon            Raises price target to $36.00 from 
                                          $34.00; rating outperform 
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 Alliant Energy  Baird             Cuts to neutral from outperform; 
                                          price target to $34 from $40 
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 America Movil   Goldman Sachs     Cuts price target to $29 from 
                                          $33.60; rating neutral 
                        Stifel            Cuts price target to $50 from $56; 
                                          rating buy 
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 American Eagle         Friedman          Cuts price target to $9 from $10; 
 Outfitters                        rating outperform 
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 American               American          Starts with buy; price target of 
 Superconductor         Technology        $20 
  
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 Bankrate       Citigroup         Cuts price target to $41 from $43; 
                                          rating buy 
                        Jefferies         Cuts price target to $38 from $40; 
                                          rating buy 
                        Collins Stewart   Cuts price target to $40 from $50; 
                                          rating buy 
                        Stifel            Cuts price target to $35 from $45; 
                                          rating buy 
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 Bebe Stores    Wedbush           Cuts price target to $4 from 5;  
                                          rating hold 
                        S&P Equity        Cuts to sell from hold 
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 Belden          Stifel            Cuts price target to $32 from 
                                          $35.50; rating buy 
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 BJ'S Wholesale Club    Goldman Sachs     Cuts price target to $32 from $35; 
                                    rating neutral 
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 BPZ Resources   Rodman & Renshaw  Cuts price target to $10 from $15; 
                                          rating market outperform 
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 Brookfield Properties  BMO               Cuts price target to $7.50 from 
                                   $8.50; rating market perform 
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 Burger King     Morgan Stanley    Cuts price target to $25 from $27; 
                                          rating overweight 
                        Goldman Sachs     Cuts price target to $25 from $27; 
                                          rating buy 
                        Credit Suisse     Cuts target price to $27 from $28 
                        Barclays          Cuts price target to $27 from $29; 
                                          rating overweight 
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 Bway Holding    Goldman Sachs     Raises price target to $8 from $7; 
                                          rating neutral 
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 Carlisle Companies     Baird             Raises to outperform from neutral; 
                                   price target to $25 from $23 
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 Cathay General Bancorp Sandler O'Neill   Cuts price target to $11 from $13; 
                                  rating sell 
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 Cedar Shopping Centers Raymond James     Cuts to underperform from market 
                                   perform 
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 Central European Media Komercni Banka    Raises to buy from hold; cuts 
 Enterprises                      price target to $17 from $94 
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 Cerner         Thinkequity       Cuts price target to $40 from $43; 
                                          rating accumulate 
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 Chico's Fas     Friedman          Raises price target to $4 from $3; 
                                          rating market perform 
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 Cincinnati Bell        Goldman Sachs     Cuts price target to $2.75 from $3; 
                                   rating neutral 
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 City National   Sandler O'Neill   Cuts price target to $34 from $36; 
                                          keeps hold rating 
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 Continental Airlines   Goldman Sachs     Cuts price target to $19 from $24; 
                                   rating buy 
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 Corporate Executive    Morgan Stanley    Cuts price target to $38 from $42; 
                                  rating equal-weight 
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 Credicorp       Morgan Stanley    Cuts price target to $51 from $56; 
                                          rating overweight 
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 Cubic Corp      Needham           Cuts to hold from buy 
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 CVB Financial  Sandler O'Neill   Raises price target to $9.50 from 
                                          $9; rating hold 
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 Delta Air Lines Goldman Sachs     Cuts price target to $10 from $13; 
                                          rating buy 
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 Diamond Offshore       Deutsche Bank     Cuts price target to $77 from $81; 
                                    rating buy 
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 Diamondrock            UBS               Cuts price target to $5.25 from  
 Hospitality Co                    $6.25; keeps buy rating 
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 Dick's Sporting Goods  Wedbush           Raises price target to $13 from 
  [nBNG375053]                  $11; rating hold 
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 Domtar Corp     Raymond James     Cuts price target to $2.50 from 
                                          $3.50; rating outperform 
                        Goldman Sachs     Cuts price target to $1.50 from 
                                          $1.65; rating neutral 
                        RBC               Cuts to sector perform from 
                                          outperform 
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 Double Take Software   Lazard            Cuts price target to $13 from $16; 
 Inc                              rating buy 
                        Needham           Cuts price target to $9 from $10; 
                                          rating buy 
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 DPL             Barclays          Raises price target to $28 from 
                                          $26; rating overweight 
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 Dyncorp International  Jefferies         Cuts price target to $24 from $27; 
                                   rating buy 
                        Goldman Sachs     Cuts price target to $17.00 from 
                                          $19.00; rating neutral 
                        Credit Suisse     Cuts target price to $17 from $18 
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 East West Bancorp      Sandler O'Neill   Cuts price target to $9.50 from 
                                  $11; rating hold 
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 Energizer              Citigroup         Adds to top picks live under  
 Holdings                          small/midcap coverage; rating buy 
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 Essex Property Trust   Stifel            Raises to buy from hold 
  
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 Evergreen Solar        UBS               Cuts price target to $2.25 from $4; 
                                  rating neutral 
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 Fei            Janney Montgomery Cuts fair value estimate to $18.50 
                        Scott             from $20; keeps neutral rating 
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 Felcor Lodging Trust   UBS               Cuts to neutral from buy 
   
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 Flir Systems   Needham           Cuts price target to $30 from $34; 
                                          rating buy 
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 Forest Oil      UBS               Cuts price target to $38 from $41; 
                                          rating buy 
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 Fred's         S&P Equity        Cuts to sell from hold 
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 Gaylord Entertainment  UBS               Cuts to neutral from buy 
  
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 GSI Technology Needham           Cuts price target to $4 from $5; 
                                          rating buy 
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 Hanmi Financial        KBW               Cuts price target to $2; rating 
                                  market perform 
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 Healthways     Piper Jaffray     Cuts to sell from neutral 
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 Hhgregg         Barclays          Raises price target to $10 from $8; 
                                          rating equal-weight 
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 Inergy LP      Raymond James     Raises price target to $29 from 
                                          $22; rating strong buy 
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 Jetblue Airways        Goldman Sachs     Cuts price target to $6 from $7; 
                                  rating neutral 
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 Kinross Gold    BMO               Cuts price target to $25 from $28; 
                                          rating outperform 
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 Kite Realty Group      Raymond James     Cuts to market perform from 
                                   outperform 
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 Knoll Inc       Goldman Sachs     Removes from Americas sell list 
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 Life Time Fitness      Morgan Keegan     Cuts to market perform from  
                                   outperform 
                        UBS               Cuts price target to $22 from $46; 
                                          keeps buy rating 
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 Lubrizol         Jefferies         Cuts price target to $42 from $47; 
                                          rating buy 
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 Luminex Corp   UBS               Raises price target to $22 from 
                                          $20; rating neutral 
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 Mastercard       Citigroup         Raises price target to $140 from  
                                          $110; rating sell 
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 MDC Holdings    Credit Suisse     Cuts to neutral from outperform 
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 Metavante Technologies Baird             Raises to outperform from neutral; 
                                    price target to $21 from $19 
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 Mettler-Toledo  UBS               Cuts price target to $70 from $75; 
                                          rating neutral 
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 Micrus Endovascular    Stifel            Cuts price target to $13 from $16; 
                                  rating buy 
                        Susquehanna       Cuts price target to $14 from $18; 
                                          rating positive 
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 MPS Group       Credit Suisse     Cuts target price to $9 from $10 
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 Newfield Exploration   UBS               Cuts price target to $40 from $42; 
                                   rating buy 
                        S&P Equity        Raises to buy from hold 
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 New Jersey Resources   Hilliard Lyons    Cuts to neutral from buy on 
 Corp                              valuation 
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 News Corp      UBS               Cuts price target to $7.50 from 
                                          $8.50; rating neutral 
                        Goldman Sachs     Cuts price target to $7.00 from 
                                          $7.50; rating neutral 
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 NBTY            Barclays          Cuts to equal weight from overweight 
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 NVR             Credit Suisse     Raises to outperform from neutral 
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 Omniture       Citigroup         Cuts price target to $15 from $16; 
                                          rating buy 
                        S&P Equity        Cuts target price to $12 from $14; 
                                          keeps hold rating 
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 Oneok           Morgan Stanley    Cuts price target to $55 from $60; 
                                          rating equal-weight 
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 Pacific Sunwear        Friedman          Cuts price target to $1 from $2; 
 of California                    rating market perform 
                        UBS               Cuts price target to $1.25 from 
                                          $1.75; keeps neutral rating 
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 Penn National          Jefferies         Cuts price target to $28 from $31; 
 Gaming                           rating buy 
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 Pharmerica      Credit Suisse     Raises target price to $20 from $18 
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 Phase Forward  Jefferies         Cuts price target to $17 from $19; 
                                          rating buy 
                        UBS               Cuts price target to $14 from $15; 
                                          rating neutral 
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 Preferred Bank Sandler O'Neill   Cuts price target to $7.50 from $9; 
                                          keeps buy rating 
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 Powerwave              Jefferies         Cuts price target to $1 from $2; 
 Technologies                     rating hold 
                        Needham           Cuts price target to $1 from $2.50; 
                                          rating buy 
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 Radvision      Wedbush           Raises price target to $7 from $6; 
                                          rating hold 
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 Ralcorp Holdings       Longbow           Cuts price target to $69 from $72 
  
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 Regency Centers JP Morgan         Cuts to neutral from overweight 
                        Raymond James     Cuts to market perform from 
                                          outperform 
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 Research In Motion     UBS               Raises price target to $57 from 
                          $42; rating neutral 
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 Resmed          Jefferies         Raises price target to $47 from $41; 
                                          rating buy 
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 Riskmetrics Group      Fox-Pitt          Starts with outperform; price 
                                   target of $18 
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 Ross Stores    Barclays          Raises price target to $33 from 
                                          $31; rating overweight 
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 Rudolph Technologies   Stifel            Cuts price target to $5 from $6; 
                                  rating buy 
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 Saks Inc        Goldman Sachs     Cuts price target to $3.90 from 
                                          $4.50; rating neutral 
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 Scripps Networks       Barclays          Cuts price target to $26 from $30; 
 Interactive                       rating equal-weight 
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 Skechers USA    Susquehanna       Cuts to neutral from positive 
                        Wedbush           Cuts to hold from buy 
                        S&P Equity        Cuts to sell from hold 
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 Shire         FTN Equity        Starts with buy rating; price 
                                          target of $55 
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 Sonic Innovations      Natixis           Cuts price target to $7 from $8; 
                                  rating buy 
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 Sonoco Products        UBS               Cuts price target to $21 from $24; 
                                   rating neutral 
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 Spirit Aerosystems     Jefferies         Cuts price target to $20 from $26; 
                                   rating buy 
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 SRA International      UBS               Cuts price target to $17 from $18; 
                                   rating neutral 
                        Stifel            Cuts price target to $23 from $26; 
                                          rating buy 
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 Steel Dynamics         Goldman Sachs     Cuts price target to $13.00 from 
                                  $14.00; rating buy 
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 Strategic Hotels &     UBS               Cuts to sell from neutral 
 Resorts  
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 Sunoco Logistics       Barclays          Raises price target to $54 from 
 Partners LP                       $50; rating equal-weight 
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 Sunstone Hotel         UBS               Cuts to sell from neutral 
 Investors Inc   
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 Synchronoss            Thinkequity       Raises to accumulate 
 Technologies  
                        S&P Equity        Raises target price by $1 to $7.50; 
                                          keeps strong sell rating 
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 Syniverse HLDG         Wedbush           Cuts to buy from strong buy 
   
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 Talbots         Citigroup         Raises to hold from sell 
                        UBS               Cuts price target to $2.25 from  
                                          $2.8; keeps neutral ratinG 
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 Telecommunication      Wedbush           Raises price target to $10 from 
 Systems                          $8.50; keeps buy rating 
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 Tenneco Inc     Baird             Cuts price target to $4 from $6; 
                                          rating neutral 
                        Credit Suisse     Cuts to neutral from outperform; 
                                          cuts target price of $2 from $6 
                        Barclays          Cuts price target to $6 from $7; 
                                          rating equal weight 
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 Terremark Worldwide    Jefferies         Raises price target to $5.50 from 
                                  $5; rating buy 
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 Thoratec Corp  UBS               Cuts price target to $35 from $38; 
                                          keeps buy rating 
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 Transdigm Group        Barclays          Raises price target to $42 from $36; 
                                   rating overweight 
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 UCBH Holdings  Friedman          Cuts to market perform from 
                                          outperform 
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 Unifi Inc       Caris             Cuts to average 
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 United States Steel    Goldman Sachs     Cuts price target to $21.00 from 
                                     $23.00; rating sell 
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 Urban Outfitters Inc   UBS               Cuts price target to $22 from $23; 
                                  keeps buy rating 
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 US Airways Group       Goldman Sachs     Cuts price target to $6.00 from 
                                   $7.00; rating sell 
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 Vale            Goldman Sachs     Raises price target to $19.00 from 
                                          $15.00; rating buy 
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 Watson Wyatt Worldwide UBS               Raises price target to $56 from 
                                    $54; rating buy 
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 Weight Watchers        Barclays          Cuts to underweight from equal 
 International                     weight 
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 Willbros Group   Lazard            Cuts price target to $17 from $21; 
                                          rating buy 
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 WNS             Credit Suisse     Cuts target price to $10 from $14 
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 WSFS Financial Sandler O'Neill   Cuts price target by $14 to $44; 
                                          keeps buy rating 
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 Zale Corp       Goldman Sachs     Cuts price target to $2.90 from 
                                          $3.30; rating neutral 
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 ((Compiled by Shrutika Verma and Sandhya Menon; Bangalore Equities Newsdesk 
+91  80 4135 5800; within U.S. +1 646 223 8780)) 
                        
                        
Keywords: US RESEARCH/  
    
 
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nBNG427873
RCH/US2

 

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