US-RESEARCH/ (NON-S&P500)

Reliance Steel (RS.N) Goldman Sachs Raises to buy from
neutral
---------------------------------------------------------------
------------ Rigel Pharmaceuticals RBC Cuts to
underperform from
(RIGL.O) sector perform
---------------------------------------------------------------
------------ Royal Caribbean Societe Generale Cuts
price target to $6 from $8;
Cruises (RCL.N) rating sell

Goldman Sachs Cuts price target to
$5.25 from

$8; rating sell

UBS Cuts price target to
$7.5 from $13
---------------------------------------------------------------
------------ Ruddick Corp (RDK.N) FTN Midwest Cuts to
neutral from buy

S&P Equity Raises to hold from
sell on valuation
---------------------------------------------------------------
------------ Sandy Springs Bancorp Sandler O'Neill Cuts
price target by $3 to $15;
(SASR.O) rating hold
---------------------------------------------------------------
------------ SEI Investments Janney Montgomery Raises
fair value to $20 from $25;
(SEIC.O) rating buy
---------------------------------------------------------------
------------ Sierra Wireless Raymond James Cuts
price target to $7 from $13;
(SWIR.O) rating outperform
---------------------------------------------------------------
------------ Signature Bank Friedman Cuts
price target to $30 from
(SBNY.O) $33; rating
outperform

Fox-Pitt Cuts price target to
$30 from

$33; rating in line
---------------------------------------------------------------
------------ Sterling Bancshares Stifel Raises
to buy from hold
(SBIB.O)

RBC Cuts price target to
$7 from $8.50;

rating sector
perform
---------------------------------------------------------------
------------ Strattec Security Baird Cuts
price target to $8 from $11;
(STRT.O) rating underperform
---------------------------------------------------------------
------------ Sunpower Corp Jefferies Cuts
price target to $50 from
(SPWRA.O) $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
---------------------------------------------------------------
------------ Sunoco Logistics RBC Raises
price target to $57 from $53;
(SXL.N) rating underperform
---------------------------------------------------------------
------------ Susquehanna Bancshares RBC Cuts
price target to $9 from $10;
(SUSQ.O) rating underperform
---------------------------------------------------------------
------------ Swift Energy (SFY.N) S&P Equity
Downgrades to hold from buy; cuts

price target by $18 to $17
---------------------------------------------------------------
------------ Tech Data (TECD.O) Needham Cuts to
hold from buy
---------------------------------------------------------------
------------ Terra Industries Goldman Sachs Raises
to buy from neutral; adds
(TRA.N) [ID:nBNG411878] to conviction buy
list
---------------------------------------------------------------
------------ Tetra Tech (TTEK.O) Canaccord Adams Raises
price-target to $25 from

$22; rating hold
---------------------------------------------------------------
------------ Timken Co (TKR.N) Jefferies Cuts
price target to $14 from

$15; rating hold

KeyBanc Cuts to hold from
buy
---------------------------------------------------------------
------------ Time Warner Cable Collins Stewart Cuts to
sell rating
(TWC.N)
---------------------------------------------------------------
------------ Under Armour (UA.N) CITIGROUP Cuts to
sell from hold; price

target to $15 from
$23

Wedbush Cuts price target to
$13 from

$15; rating hold
---------------------------------------------------------------
------------ US Airways (LCC.N) Barclays Cuts
price target to $21 from

$23; rating equal
weight
---------------------------------------------------------------
------------ Varian Semiconductor Barclays Cuts
price target to $26 from
(VSEA.O) $28; rating
equal-weight
---------------------------------------------------------------
------------ Warner Music (WMG.N) Wedbush Cuts
price target to $2.50 from

$3.50; rating hold
---------------------------------------------------------------
------------ Wellcare Health Plans Credit Suisse Raises
price target to $17 from $13
(WCG.N)
---------------------------------------------------------------
------------ Wilmington (WL.N) S&P Equity Cuts to
sell from hold
---------------------------------------------------------------
------------ WMS Industries Deutsche Bank Raises
price target to $33 from $31;
(WMS.N) rating buy
---------------------------------------------------------------
------------ Zale Corp (ZLC.N) S&P Equity Raises
to hold from sell; keeps $2

price target
---------------------------------------------------------------
------------ Zenith National Friedman Cuts to
market perform
(ZNT.N) from outperform
---------------------------------------------------------------
------------ ((Compiled by Tenzin Pema and Ramya Dilip;
Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1
646 223 8780))