US RESEARCH SUMMARY-Non-S&P 500 Feb 5 1830 GMT

Thu Feb 5, 2009 1:31pm EST
 
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 Following is a summary of research actions on non-S&P 500 companies reported 
 by Reuters on Thursday. 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 
 99 cents Only Stores   Wedbush           Cuts price target to $12 from $14; 
                                   keeps strong buy rating 
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 Advanced Energy        Goldman Sachs     Cuts to neutral from buy 
 Industries   
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 Aeterna Zentaris       RBC               Raises to outperform from sector 
                          perform 
                        Goldman Sachs     Removes from Americas buy list 
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 Affiliated Managers    Goldman Sachs     Raises to buy; raises price target 
 Group                             to $50 from $42 
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 Arvinmeritor           Baird             Cuts price target to $1 from $2;  
                                   rating neutral  
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 Aspect Medical Systems Suntrust Robinson Downgrades to neutral from buy 
   
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 ATMI           Citigroup         Cuts price target to $18 from $20; 
                                          rating buy 
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 Arthur J. Gallagher    RBC               Cuts price target to $19 from $25; 
 & Co                              rating underperform 
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 Blackstone Group Goldman Sachs     Cuts price target to $5.00 from 
                                          $7.00 
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 Blackboard     Wedbush           Cuts price target to $34 from $39; 
                                          keeps strong buy rating 
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 Buckeye Partners       RBC               Raises price target to $42 from $40; 
                                   rating underperform 
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 BP Prudhoe Bay         Citigroup         Cuts to sell from hold 
 Royalty Trust   
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 Bre Properties  UBS               Cuts price target to $22.5 from 
                                          $25; rating sell 
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 Brinker International  UBS               Raises price target to $12.50 from 
 Inc                               $11; keeps neutral rating 
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 Bristow Group   Credit Suisse     Cuts target price to $28 from $31 
                        Barclays          Cuts price target to $30 from $33; 
                                          keeps equal weight rating 
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 Cadence Design         S&P Equity        Cuts target price by $0.50 to $3; 
 Systems                          keeps sell rating 
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 Celanese         Barclays          Cuts price target to $16 from $20; 
                                          rating overweight 
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 Central European       Goldman Sachs     Cuts price target to $11.58 from 
 Media Enterprises                        $24.63; rating neutral 
   
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 Charles River          Barclays          Cuts price target to $38 from $42; 
 Laboratories                      rating overweight 
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 Commvault Systems      Goldman Sachs     Cuts price target to $9.00 from 
                                  $10.50; rating sell 
                        Credit Suisse     Cuts target price to $13 from $15 
                        RBC               Cuts price target to $15 from $18; 
                                          rating outperform 
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 Concur Technologies    Jefferies         Raises to buy from hold; price 
 Inc                              target to $26 from $23 
                        Credit Suisse     Cuts target price to $25 from $33 
                        S&P Equity        Cuts target price to $24 from $34; 
                                          keeps hold rating 
                        RBC               Cuts price target to $24 from $26; 
                                          rating underperform 
                        Deutsche Bank     Cuts price target to $38 from $40 
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 Corinthian Colleges    UBS               Raises price target to $30 from 
 Inc                              $21; rating buy 
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 Corporate Executive    Deutsche Bank     Cuts price target to $16 from $20 
 Board  
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 Nalco Holding   Deutsche Bank     Cuts price target to $13 from $14 
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 NCR Corp        S&P Equity        Cuts to hold from strong buy 
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 Netflix Inc    Needham           Cuts to underperform from hold 
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 Och Ziff Capital       Goldman Sachs     Raises price target to $5.00 from 
 Management                        $4.50 
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 Omniture Inc   Credit Suisse     Cuts price target to $15 from $20 
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 On Semiconductor       Credit Suisse     Raises price target to $5.50 from 
                                  $3.50 
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 Pepsiamericas   Credit Suisse     Raises target price to $18 from $16 
                        Deutsche Bank     Cuts price target to $24 from $27; 
                                          rating buy 
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 Petrohawk Energy Collins Stewart   Starts with buy rating; price  
                                          target of $30 
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 Pioneer Natural        UBS               Cuts price target to $41 from $45; 
 Resources Co                      keeps buy rating 
                        RBC               Cuts price target to $44 from $50; 
                                          rating outperform 
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 Power Integrations     Deutsche Bank     Cuts price target to $21 from $22 
   
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 Pzena Investment       Goldman Sachs     Cuts price target to $3.50 from 
                                   $4.50 
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 Rightnow Technologies  Jefferies         Raises price target to $8 from 
                                  $7.20; rating hold 
                        S&P Equity        Cuts to sell from hold 
                        Deutsche Bank     Cuts price target to $12 from $13 
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 Sabine Royalty Trust   Citigroup         Cuts to sell from hold 
   
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 San Juan Basin Royalty Citigroup         Raises to hold from sell 
 Trust   
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 Savvis         Barclays          Cuts price target to $12 from $19; 
                                          rating equal-weight 
                        RBC               Cuts price target to $9 from $12; 
                                          rating sector perform 
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 Silgan Holdings        Deutsche Bank     Raises price target to $58 from $54 
   
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 Silicon                Barclays          Raises price target to $22 from $20; 
 Laboratories                     rating equal-weight 
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 Sun Healthcare         UBS               Raises price target to $15 from 
 Group Inc                        $14; keeps buy rating 
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 Symmetricom    RBC               Raises to sector perform from 
                                          underperform 
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 Teppco Partners        Barclays          Cuts price target to $29 from $31; 
                                   rating equal-weight 
                        UBS               Cuts price target to $30 from $33; 
                                          keeps buy rating 
                        Raymond James     Cuts price target to $31 from $37; 
                                          rating outperform 
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 Thermo Fisher          UBS               Cuts price target to $59 from $63; 
 Scientific Inc                    rating buy 
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 Theravance             Baird             Raises to outperform from neutral; 
                                  price target to $23 from $15 
                        Goldman Sachs     Raises price target to $13.50 from 
                                          $11.00; rating neutral 
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 THQ Inc        Citigroup         Cuts price target to $5.50 from $7; 
                                          rating hold 
                        Deutsche Bank     Cuts price target to $3.60 from $5 
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 Time Warner Cable      RBC               Cuts price target to $22 from $23; 
                                   rating sector perform 
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 Trueblue Inc    Deutsche Bank     Cuts price target to $10 from $11 
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 Universal Technical    Credit Suisse     Cuts price target to $14 from $16 
 Institute  
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 Varian         Barclays          Cuts price target to $28 from $30; 
                                          rating underweight 
                        UBS               Cuts price target to $29 from $32; 
                                          keeps neutral rating 
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 Votorantim Celulose E  BMO               Raises to market perform from  
 Papel                             underperform on valuation 
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 Waste Connections      Goldman Sachs     Cuts price target to $30.00 from  
 Inc                               $38.00 
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 Waste Services Goldman Sachs     Cuts price target to $6.00 from 
                                          $8.00 
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 Wolverine World        Susquehanna       Cuts to neutral from positive 
 Wide  
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 Wynn Resorts   Credit Suisse     Cuts price target to range of 
                                          $25-30 from $45 
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 ((Compiled by Tenzin Pema, Shrutika Verma and Sandhya Menon; Bangalore Equities 
Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)) 
  
 Covance Inc     Jefferies         Raises price target to $42 from 
                                          $38; rating hold 
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 Datalink Corp  Needham           Cuts price target to $4.50 from 
                                          $5.50 
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 Dice Holdings   Barclays          Cuts to underweight from equal 
                                          weight 
                        Jefferies         Cuts price target to $3.50 from $4; 
                                          rating hold 
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 Dollar Tree    S&P Equity        Cuts target price by $5 to $41; 
                                          keeps buy rating 
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 Dr Pepper Snapple      S&P Equity        Cuts target price by $3 to $19; 
                                   keeps buy rating 
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 DTS Inc        Collins Stewart   Starts with sell rating; price 
                                          target of $10 
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 Dolby Laboratories     Goldman Sachs     Cuts to neutral from buy; removes 
                                   from Americas buy list 
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 Dyax Corp      Needham           Cuts to hold from buy 
                        S&P Equity        Cuts to hold from buy 
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 Epicor Software        UBS               Cuts price target to $4 from $4.50; 
                                  keeps neutral rating 
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 Esco Technologies      Deutsche Bank     Cuts price target to $40 from $42 
   
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 Fidelity National      RBC               Raises price target to $20 from $19; 
 Financial                         rating outperform 
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 Finisar Corp   SMH Capital       Cuts to neutral from buy 
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 Fortress Investment    Goldman Sachs     Cuts price target to $1.75 from  
 Group                             $2.50 
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 Garmin Ltd     Goldman Sachs     Cuts price target to $13.00 from 
                                          $15.00; rating sell 
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 GT Solar International UBS               Raises price target to $4.50 from 
                                  $2; rating neutral 
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 Hain Celestial Barclays          Cuts price target to $18 from $20; 
                                          rating overweight 
                        Goldman Sachs     Cuts price target to $19.00 from 
                                          $21.00; rating neutral 
                        RBC               Cuts price target to $20 from $23; 
                                          rating outperform 
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 Harris Stratex         Needham           Cuts price target to $8.00 from 
 Networks Inc                     $9.00 
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 Harris          JP Morgan         Cuts price target to $37 from $41; 
                                          rating neutral 
                        S&P Equity        Raises target price by $2 to $51; 
                                          keeps strong buy rating 
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 Heartland Payment      Susquehanna       Raises to neutral from negative 
 Systems Inc   
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 Hecla Mining     RBC               Cuts price target to $2.50 from 
                                          $3.25; rating sector perform 
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 Hill Rom               Natixis           Cuts price target to $13 from $15; 
 Holdings                          rating hold 
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 Idex Corp       Brean Murray      Cuts to sell from buy on valuation 
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 Investors Bancorp      Janney            Cuts fair value estimate to $11 
                Montgomery Scott  from $13; keeps neutral rating 
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 Jack Henry &           Wedbush           Cuts price target to $17 from $19; 
 Associates                       rating hold 
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 Lazard Ltd      Sandler O'Neill   Cuts price target to $29 from $30; 
                                          keeps hold rating 
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 Liberty Property       Goldman Sachs     Raises price target to $17.00 from 
                                   $15.00; rating sell 
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 Mattson Technology     Citigroup         Cuts price target to $1 from $1.75; 
                                  rating hold 
                        Stifel            Cuts price target to $3 from $4; 
                                          rating buy 
                        Caris             Cuts price target to $1 from $3; 
                                          rating below average 
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 Marvell Technology     Goldman Sachs     Raises to buy from neutral; adds to 
                                  Americas conviction buy list 
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 Mastercard       S&P Equity        Cuts price target by $10 to $160; 
                                          keeps buy rating 
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 Magellan Midstream     Raymond James     Cuts price target to $20 from $27; 
                                   rating strong buy 
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RCH/US2

 

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