CORRECTED - CORRECTED-US RESEARCH NEWS-BMO raises F5 Networks to outperform
(Corrects to remove item on Kraft Foods Inc (KFT.N) as the change was for the company's credit rating, not stock) Following are the research actions reported by Reuters as of 0846 ET on Friday. For a snapshot of research actions, please double click on [SNAP/RCH] --------------------------------------------------------------- ------------ STOCK RESEARCH BY ACTION F5 Networks BMO Raises to outperform from (FFIV.O) market perform, keeps $44 target price --------------------------------------------------------------- ------------ E Trade Financial BMO Cuts to market perform from outperform (ETFC.O) --------------------------------------------------------------- ------------ Sally Beauty Oppenheimer Raises price target to $9.45 from Holdings (SBH.N) $7.60, keeps neutral rating --------------------------------------------------------------- ------------ MGI Pharma Friedman Cuts to market perform from MOGN.O outperform on takeout speculation --------------------------------------------------------------- ------------ Merck & Co Deutsche Bank Raises price target to $70 from $62; (MRK.N) has buy rating --------------------------------------------------------------- ------------ Countrywide Financial Fox-Pitt Raises to outperform from in-line CFC.N --------------------------------------------------------------- ------------ March Networks Dundee Raises to market outperform from (MN.TO) market neutral --------------------------------------------------------------- ------------ American Campus Merrill Lynch Raises to buy from neutral reports Communities (ACC.N) theflyonthewall.com --------------------------------------------------------------- ------------ Acorn International Merrill Lynch Cuts to sell from buy reports (ATV.N) theflyonthewall.com --------------------------------------------------------------- ------------ Abitibibowater Inc BMO Raises price target to $15 from $12 ABH.N --------------------------------------------------------------- ------------ Mentor Graphics Needham Cuts price target to $16 from $18; (MENT.O)
keeps buy rating --------------------------------------------------------------- ------------ Amphenol Morgan Stanley Assumes with equal-weight vs (APH.N) overweight reports theflyonthewall.com --------------------------------------------------------------- ------------ Dell Inc Bear Stearns Cuts CY 2008 price target to $40 (DELL.O) [nWNA7561]
from $43; keeps outperform rating --------------------------------------------------------------- ------------ Watsco Inc KeyBanc Cuts to hold from aggressive buy (WSO.N) --------------------------------------------------------------- ------------ J Crew Group Citigroup Cuts price target to $42 from $45; (JCG.N)
keeps hold rating --------------------------------------------------------------- ------------ Lions Gate Wedbush Raises to strong buy from buy Entertainment (LGF.N) --------------------------------------------------------------- ------------ Molex Morgan Stanley Assumes with equal-weight rating vs (MOLX.O)
underweight reports
theflyonthewall.com --------------------------------------------------------------- ------------ Lululemon Athletica RBC Raises price target to $47 from $41; (LLL.TO) (LULU.O) keeps outperform rating --------------------------------------------------------------- ------------ AbitibiBowater RBC Raises to outperform from ABH.N sector perform --------------------------------------------------------------- ------------ Telus Corp (T.TO) RBC Cuts to sector perform from outperform --------------------------------------------------------------- ------------ Atwood Oceanics Jefferies Raises price target to $80 from $73; (ATW.N)
keeps hold rating
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----------- OmniVision Jefferies Cuts
price target to $20 from $22; Technologies (OVTI.O)
keeps hold rating
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----------- Acergy (ACGY.O) Jefferies Cuts
price target to $34 from $36;
keeps buy rating
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----------- Healthcare Realty Jefferies Starts
with buy rating; price target Trust (HR.N)
of $28 ---------------------------------------------------------------- ----------- Manpower (MAN.N) Credit Suisse Starts with outperform rating, reports theflyonthewall.com ---------------------------------------------------------------- ----------- OSI Pharmaceuticals Lazard Raises price target to $50 from $43; (OSIP.O)
keeps buy rating
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----------- Moody's (MCO.N) UBS Starts
with sell rating, reports
theflyonthewall.com ---------------------------------------------------------------- ----------- McGraw-Hill Companies UBS Starts with sell rating, reports (MHP.N) theflyonthewall.com ---------------------------------------------------------------- ----------- Telus Corp (T.TO) UBS Cuts price target to C$58 from C$66 ---------------------------------------------------------------- ----------- Rogers Communications UBS Cuts price target to C$53 from C$60 (RCIb.TO) ---------------------------------------------------------------- ----------- Diamond Offshore Calyon Raises to add from neutral on Drilling (DO.N) valuation ---------------------------------------------------------------- ----------- Spartan Stores UBS Starts with buy rating; price target (SPTN.O)
of $30 - theflyonthewall.com ---------------------------------------------------------------- ----------- FuelCell Energy JP Morgan Starts with overweight rating, (FCEL.O) reports theflyonthewall.com ---------------------------------------------------------------- ----------- Plug Power (PLUG.O) JP Morgan Starts with underweight rating,
theflyonthewall.com
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----------- Telmex (TMX.N) JP Morgan Raises to
neutral from underweight,
theflyonthewall.com
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------------ Mohawk Industries Banc of America Cuts to
sell from neutral, reports (MHK.N)
theflyonthewall.com
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----------- Western Refining Banc of America Raises to
buy from neutral, reports (WNR.N)
theflyonthewall.com
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----------- Valero Energy (VLO.N) Banc of America Raises to
buy form neutral, reports
theflyonthewall.com
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----------- Lake Shore Gold Corp Raymond James Cuts to
market perform from strong (LSG.TO)
buy ---------------------------------------------------------------- ----------- AbitibiBowater ABH.N Raymond James Cuts to underperform from market
perform ---------------------------------------------------------------- ----------- ((Compiled by Nivedita Gupta; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780))
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