US RESEARCH SUMMARY-Non-S&P 500 Jan 30 2146 GMT

Fri Jan 30, 2009 4:46pm 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 
 Agnico-Eagle Mines     Raymond James     Resumes with market perform; 
                                   price target of $70 
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 Alliance Imaging       Baird             Starts with outperform; price 
                                   target of $12 
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 Alliant Techsystems    JP Morgan         Cuts price target to $88 from  
                                   $92; rating neutral 
                        Jefferies         Cuts price target to $92 from  
                                          $100; rating buy 
                        UBS               Cuts price target to $100 from  
                                          $131; rating buy 
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 Amcol International    Wedbush          Cuts price target to $15 from $19; 
                                  rating hold 
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 AmeriCredit     Credit Suisse     Cuts price target to $6 from  
                                          $8; rating neutral 
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 Astoria Financial      Barclays          Cuts price target to $14 from 
                                    $24; rating equal-weight 
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 Atmel Corp     Goldman Sachs     Starts with a buy rating and $4.50  
                                          price target 
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 AutoLiv         Baird             Cuts price target to $21 from  
                                          $23; rating neutral 
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 BOK Financial  BMO               Cuts price target to $38 from 
                                          $47; keeps market perform rating 
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 Boston Beer            Goldman Sachs     Raises to neutral from sell;  
                                   removes from Americas sell list 
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 Boston Private         RBC               Cuts price target to $5 from $6; 
                                  rating sector perform 
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 Bucyrus        LongBow           Cuts target price to $25 from  
                                          $35; rating buy 
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 Cabot Corp      Jefferies         Cuts price target to $15 from  
                                          $23; rating hold 
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 Callaway Golf          Wedbush           Raises price target to $6 from 
                                   $5; rating sell 
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 Cardinal Financial     Sandler O'Neill   Cuts price target by $1 to $8;  
                                  rating buy 
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 Cascade Bancorp        RBC               Cuts to underperform from  
                                  sector perform 
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 Cash America    Jefferies         Cuts price target to $20 from 
                                          $21; rating hold 
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 Century Aluminum       Credit Suisse     Reinstates coverage with outperform; 
                                  price target of $8 
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 Charles River          UBS               Cuts to sell from neutral 
 Laboratories   
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 Columbia Banking       Sandler O'Neill   Cuts price target to $12 from $13; 
 System                           rating buy 
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 Columbia Sportswear    Barclays          Cuts price target to $38 from  
                                  $42; rating equal-weight 
                        Caris             Cuts price target to $25 from $27 
                        RBC               Cuts price target to $32 from $38; 
                                          rating outperform 
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 Continental Airlines   Barclays          Cuts price target to $35 from  
                                   $36.5; rating underweight 
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 CoPart         RBC               Cuts price target to $29 from $35; 
                                          rating outperform 
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 Chico's Fas            Thomas Weisel     Raises price target to $4.25 from 
                                   $3.50; rating market weight 
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 Cybersource    Janney Montgomery Raises to buy from neutral 
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 Data Domain    ThinkEquity       Cuts price target to $24 from 
                                          $30; rating buy 
                        Canaccord Adams   Cuts price-target to $20 from  
                                          $25; rating buy 
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 Digital River  Credit Suisse     Cuts price target to $24 from $26 
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 Dollar Financial       Jefferies         Cuts price target to $10 from 
                                  $14; rating buy 
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 Exlservice     S&P Equity        Raises to sell from strong sell;  
                                          keeps $7 price target 
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 Fairchild              Barclays          Cuts to equal-weight from 
 Semiconductor                     overweight; 
                                          price target to $5 from $7 
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 Fairpoint              S&P Equity        Cuts price target by $1.50 to $3.50; 
 Communications                    keeps hold rating 
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 Fujifilm       S&P Equity        Cuts to hold from buy; cuts price 
                                          target to $25 from $30 
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 Genentech       S&P Equity        Cuts to hold from buy 
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 Hain Celestial         Jefferies         Cuts price target to $23 from 
                                  $32; rating buy 
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 Harmonic Inc   Jefferies         Cuts price target to $7 from  
                                          $8; rating buy 
                        RBC               Cuts price target to $7 from $8;  
                                          rating sector perform 
                        Needham           Cuts price target to $10 from 
                                          $12; rating buy 
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 Helmerich & Payne      BMO               Cuts price target to $35 from 
                                    $45; rating outperform 
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 Heritage Commerce      Sandler O'Neill   Cuts price target by $3 to $7;  
                                  rating sell 
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 Hitachi         S&P Equity        Cuts price target by $8 to $34; 
                                          reiterates hold rating 
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 HLTH Corp      Stifel            Raises price target to $14 from 
                                          $10; rating buy 
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 Hub Group      Raymond James     Raises to outperform from 
                                          underperform 
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 Infinera Corp  Jefferies         Cuts price target to $7.50 from 
                                          $9; rating hold 
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 Ingram Micro     Needham           Cuts to hold from buy 
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 International Speedway Raymond James     Cuts to market perform from 
                                  outperform 
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 Invesco Ltd     S&P Equity        Cuts price target by $1 to $16; 
                                          rating buy 
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 Itron          S&P Equity        Cuts to buy from strong buy; 
                                          raises price target by $4 to $76 
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 Invesco         Sandler O'Neill   Cuts price target to $15 from $17; 
                                          rating buy 
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 Jakks Pacific  Stifel            Cuts price target to $26 from  
                                          $27; rating buy 
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 Jetblue Airways        Barclays          Cuts price target to $14.5 from 
                                  $16; rating overweight 
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 Kennametal Inc  UBS               Cuts price target to $14 from $16 
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 Kirby           Jefferies         Cuts price target to $22 from  
                                          $27; rating underperform    
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 Lam Research   UBS               Cuts price target to $21 from $23.5 
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 Lear Corp       Baird             Cuts price target to $1 from $2;  
                                          rating neutral 
                        Barclays          Cuts price target to $1 from  
                                          $3; rating equal weight 
                        Credit Suisse     Cuts price target to $1 from $2 
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 Liberty Capital        Barclays          Cuts price target to $10 from  
                                 $14; rating equal weight 
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 Lululemon Athletica    Goldman Sachs     Removes from Americas sell list 
   
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 Martin Marietta        UBS               Raises to neutral from sell 
 Materials  
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 Maxygen Inc    Cowen             Downgrades to neutral from 
outperform 
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 Medical Properties     RBC               Cuts price target to $6 from $8;  
                                   rating outperform 
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 Medicis         Jefferies         Cuts to hold from buy 
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 Medical Properties     Stifel            Cuts price target to $7 from 
 Trust                             $8; rating buy 
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 Methanex Corp  UBS               Cuts price target to $11 from 
                                          $12.50; rating buy 
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 National Instruments   S&P Equity        Cuts target price by $2 to  
                                  $18; rating sell 
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 Nbty Inc        RBC               Raises price target to $22 from 
                                          $16; rating sector perform 
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 Netflix Inc    Stifel            Cuts to sell from hold 
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 Newell Rubbermaid      Barrington        Cuts to underperform from  
                                   market perform 
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 NiSource         UBS               Cuts to neutral from buy; price 
                                          target to $10 from $16 
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 Nova Chemicals  RBC               Cuts to underperform from  
                                          sector perform 
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 Old Dominion Freight   Credit Suisse     Raises price target to $19 from $16 
 Line  
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 Omnicell       Caris             Cuts to average from above average 
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 Optionsxpress          Sandler O'Neill   Cuts price target to $11.50 from  
                                  $13.75; rating hold 
                        BMO               Cuts to market perform from  
                                          outperform; price target to $12 
                                          from $20 
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 Oshkosh Corp    Baird             Cuts to neutral from outperform 
                        Credit Suisse     Cuts price target to $7 from $8 
                        FTN Midwest       Cuts to neutral from buy 
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 Owens Illinois   Longbow           Cuts price target to $33.00 from $39 
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 Pacific Capital        Sandler O'Neill   Cuts price target to $13 from  
 Bancorp                          $15; rating hold 
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 Pentair Inc     Goldman Sachs     Removes from Americas conviction 
                                          buy list; keeps buy rating 
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 PH Glatfelter   S&P Equity        Cuts to hold from strong buy 
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 Plantronics     S&P EQUITY        Upgrades to sell from strong sell  
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 Plexus Corp    Collins Stewart   Cuts price target to $9 from  
                                          $10.75; rating sell  
                        Needham           Cuts price target to $18 from 
                                          $21; rating buy 
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 PMI             Morgan Stanley    Cuts price target to $55 from $60 
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 Polaris Industries     RBC               Cuts price target to $25 from  
                                   $31; rating sector perform 
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 Potash Corp     UBS               Cuts price target to $95 from  
                                          $97; rating buy 
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 Provident Financial    Janney Montgomery Cuts fair value estimate to $13 
                                   from $14; keeps neutral rating 
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 Quicksilver            Jefferies         Cuts price target to $21 from  
 Resources                         $35; rating buy 
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 Reliance Steel   Goldman Sachs     Raises to buy from neutral 
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 Rigel Pharmaceuticals  RBC               Cuts to underperform from  
                                  sector perform 
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 Royal Caribbean        Societe Generale  Cuts price target to $6 from $8; 
 Cruises                           rating sell 
                        Goldman Sachs     Cuts price target to $5.25 from  
                                          $8; rating sell 
                        UBS               Cuts price target to $7.5 from $13 
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 Ruddick Corp    FTN Midwest       Cuts to neutral from buy 
                        S&P Equity        Raises to hold from sell on 
valuation 
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 Sandy Springs Bancorp  Sandler O'Neill   Cuts price target by $3 to $15;  
                                  rating hold 
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 SEI Investments        Janney Montgomery Raises fair value to $20 from $25; 
                                  rating buy 
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 Sierra Wireless        Raymond James     Cuts price target to $7 from $13; 
                                  rating outperform 
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 Signature Bank         Friedman          Cuts price target to $30 from 
                                  $33; rating outperform 
                        Fox-Pitt          Cuts price target to $30 from  
                                          $33; rating in line 
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 Sterling Bancshares    Stifel            Raises to buy from hold 
   
                        RBC               Cuts price target to $7 from $8.50; 
                                          rating sector perform 
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 Strattec Security      Baird             Cuts price target to $8 from $11; 
                                  rating underperform 
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 Sunpower Corp          Jefferies         Cuts price target to $50 from  
                                 $60; rating buy 
                        Citigroup         Cuts price target to $23 from  
                                          $27; rating sell 
                        RBC               Cuts price target to $53 from  
                                          $61; rating outperform 
                        Wedbush           Cuts price target to $26 from $27; 
                                          rating hold 
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 Sunoco Logistics       RBC               Raises price target to $57 from $53; 
                                   rating underperform 
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 Susquehanna Bancshares RBC               Cuts price target to $9 from $10; 
                                  rating underperform 
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 Swift Energy    S&P Equity        Downgrades to hold from buy; cuts 
                                          price target by $18 to $17 
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 Tech Data      Needham           Cuts to hold from buy 
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 Terra Industries       Goldman Sachs     Raises to buy from neutral; adds 
  [nBNG411878]                  to conviction buy list 
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 Tetra Tech     Canaccord Adams   Raises price-target to $25 from  
                                          $22; rating hold 
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 Timken Co       Jefferies         Cuts price target to $14 from 
                                          $15; rating hold 
                        KeyBanc           Cuts to hold from buy 
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 Time Warner Cable      Collins Stewart   Cuts to sell rating 
   
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 Under Armour     CITIGROUP         Cuts to sell from hold; price  
                                          target to $15 from $23 
                        Wedbush           Cuts price target to $13 from 
                                          $15; rating hold 
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 US Airways      Barclays          Cuts price target to $21 from 
                                          $23; rating equal weight 
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 Varian Semiconductor   Barclays          Cuts price target to $26 from  
                                  $28; rating equal-weight 
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 Warner Music    Wedbush           Cuts price target to $2.50 from 
                                          $3.50; rating hold 
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 Wellcare Health Plans  Credit Suisse     Raises price target to $17 from $13 
    
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 Wilmington       S&P Equity        Cuts to sell from hold 
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 WMS Industries         Deutsche Bank     Raises price target to $33 from $31; 
                                   rating buy 
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 Zale Corp       S&P Equity        Raises to hold from sell; keeps $2  
                                          price target 
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 Zenith National        Friedman          Cuts to market perform  
                                   from outperform 
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 ((Compiled by Tenzin Pema and Ramya Dilip; Bangalore Equities Newsdesk +91 80 
4135 5800; within U.S. +1 646 223 8780)) 
Keywords: US RESEARCH/  
    
 
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nBNG331679
RCH/US2

 

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