US RESEARCH NEWS-Citigroup cuts Cisco Systems price target
Following are the research actions reported by Reuters on Thursday as of 0910 ET. For actions reported earlier today, please double click on [nBNG283399] For a snapshot of research actions, please double click on [SNAP/RCH] --------------------------------------------------------------- ------------ STOCK RESEARCH BY ACTION Cisco Systems (CSCO.O) Citigroup Cuts price target to $25 from $28; keeps hold rating ---------------------------------------------------------------- ----------- Great West Lifeco Dundee Cuts price target to C$38 from (GWO.TO)
C$40.50; keeps market outperform
rating ---------------------------------------------------------------- ----------- Rackable Systems RBC Cuts price target to $11 from $13 RACK.O ---------------------------------------------------------------- ----------- Pediatrix Medical RBC Raises preice target to $76 from $73 Group PDX.N ---------------------------------------------------------------- ----------- Taleo Corp (TLEO.O) RBC Cuts price target to $29 from $33 ---------------------------------------------------------------- ----------- Nabors Industries RBC Raises price target to $34 from $31 (NBR.N) ---------------------------------------------------------------- ----------- National Oilwell Varco RBC Cuts price target to $73 from $88 (NOV.N) --------------------------------------------------------------- ------------ IAC InterActiveCorp RBC Cuts price target to $25 from $32 (IACI.O) ---------------------------------------------------------------- ----------- Cameco Corp (CCO.TO) RBC Cuts price target to C$48 from C$53;
keeps sector perform rating ---------------------------------------------------------------- ----------- Cisco Systems (CSCO.O) RBC Cuts price target to $26 from $29 ---------------------------------------------------------------- ----------- Avigen (AVGN.O) RBC Cuts price target to $7 from $9;
keeps outperform rating ---------------------------------------------------------------- ----------- Apollo Investment RBC Cuts price target to $17 from $21 (AINV.O) ---------------------------------------------------------------- ----------- Genomic Health RBC Raises to outperform from sector (GHDX.O) perform ---------------------------------------------------------------- ----------- Casual Male Retail RBC Cuts to sector perform from Group (CMRG.O) outperform ---------------------------------------------------------------- ----------- Cisco Systems BMO Cuts price target to $30 from $38; (CSCO.O) keeps outperform rating --------------------------------------------------------------- ------------ Red Back Mining BMO Raises to market perform rating (RBI.TO) --------------------------------------------------------------- ------------ Rothmans BMO Raises to outperform from ROC.TO market perform --------------------------------------------------------------- ------------ Winstar Resources BMO Starts with outperform rating; price (WIX.TO) target of C$6.90 --------------------------------------------------------------- ------------ Equity Residential Goldman Sachs Raises price target to $32 from $28; (EQR.N) keeps neutral rating --------------------------------------------------------------- ------------ Ultimate Software Needham Cuts price target to $35 from $40; (ULTI.O) keeps buy rating --------------------------------------------------------------- ------------ Power Integrations Needham Raises to strong buy from buy (POWI.O) --------------------------------------------------------------- ------------ BRE Properties Goldman Sachs Raises price target to $36 from $32; (BRE.N) keeps neutral rating --------------------------------------------------------------- ------------ WMS Industries Goldman Sachs Raises price target to $38 from $36; (WMS.N) has neutral rating --------------------------------------------------------------- ------------ Hub Group Bear Stearns Raises price target to $40 from $38; (HUBG.O) has outperform rating --------------------------------------------------------------- ------------ Willis Group Stifel Cuts price target to $40 from $50; (WSH.N) keeps buy rating --------------------------------------------------------------- ------------ Electronic Data Stifel Cuts price target to $24 from $28; Systems EDS.N keeps buy rating --------------------------------------------------------------- ------------ WMS Industries Stifel Raises price target to $42 from $40; (WMS.N) keeps buy rating --------------------------------------------------------------- ------------ Kimco Realty Deutsche Bank Raises to buy from hold, reports (KIM.N) theflyonthewall.com --------------------------------------------------------------- ------------ Thornburg Mortgage Credit Suisse Raises to neutral from underperform; TMA.N price target to $12 from $5 --------------------------------------------------------------- ------------ Rackable Systems Caris Cuts price target to $9 from $14; RACK.O keeps average rating --------------------------------------------------------------- ------------ Acme Packet (APKT.O) Caris Cuts price target to $13 from $17;
keeps above average rating ---------------------------------------------------------------- ---------- Aruba Networks Caris Cuts to average from above average (ARUN.O) ---------------------------------------------------------------- ----------- IAC InterActiveCorp Lehman Cuts price target to $35 from $38; (IACI.O)
keeps overweight rating
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----------- Select Comfort Morgan Keegan Cuts to
underperform rating
(SCSS.O)
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----------- Nymex Holdings NMX.N Bernstein Cuts
price target to $110 from $145; [nWNA9676]
has market perform rating
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----------- ICE (ICE.N) Bernstein Cuts
price target to $180 from $215; [nWNA9676]
has outperform rating ---------------------------------------------------------------- ----------- CME Group Inc CME.N Bernstein Cuts price target to $650 from $770; [nWNA9676]
has outperform rating
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----------- Warner Music Group Merrill Lynch Cuts to
neutral from buy, reports (WMG.N)
theflyonthewall.com
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----------- DirecTV Group (DTV.O) Merrill Lynch Raises to
buy from neutral, reports
theflyonthewall.com
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----------- Dice Holdings (DHX.N) Jefferies Cuts
price target to $12 from $15;
keeps buy rating
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----------- Shutterfly (SFLY.O) Jefferies Cuts
price target to $25 from $30;
keeps buy rating ---------------------------------------------------------------- ----------- Electronic Data Jefferies Cuts price target to $19 from $27; Systems EDS.N
keeps hold rating ---------------------------------------------------------------- ----------- ((Compiled by Neha Singh; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780))
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