US-RESEARCH/ (NON-S&P500)

Holly (HOC.N) BMO Raises price target
to $26 from $20;

rating market
perform
---------------------------------------------------------------
------------ Hornbeck Offshore Jefferies Cuts to
hold from buy
Services (HOS.N)
----------------------------------------------------------------
----------- Idenix Pharmaceuticals Caris Cuts
price target to $16 from $17;
(IDIX.O) rating buy
---------------------------------------------------------------
------------ Intuitive Surgical Barrington Starts
with outperform rating and
(ISRG.O) $175 price target
---------------------------------------------------------------
------------ Koppers Holdings Jefferies Cuts
price target to $18 from $20;
(KOP.N) rating hold
---------------------------------------------------------------
------------ Lojack (LOJN.O) S&P Equity Cuts to
sell from hold
---------------------------------------------------------------
------------ Marchex (MCHX.O) RBC Cuts
price target to $7 from $9;

rating sector
perform
---------------------------------------------------------------
------------ Modine Manufacturing Baird Raises
to neutral from underperform
(MOD.N)
---------------------------------------------------------------
------------ Oil States Goldman Sachs Removes
from conviction sell list
International (OIS.N)
---------------------------------------------------------------
------------ Orthofix Jefferies Raises
price target to $21 from $18;
International (OFIX.O) rating buy
---------------------------------------------------------------
------------ Pacific Capital KBW Raises
to market perform from
Bancorp (PCBC.O) underperform on
valuation
---------------------------------------------------------------
------------ Palm (PALM.O) UBS Raises
price target to $8.5 from

$6.5; removes
short-term buy rating
---------------------------------------------------------------
------------ Palm Harbor Homes FTN Equity Cuts to
neutral from buy
(PHHM.O)
---------------------------------------------------------------
------------ Perot Systems PER.N S&P Equity Raises
to buy from hold on

Research valuation
---------------------------------------------------------------
------------ Rofin-Sinar Longbow Cuts
target price to $12 from $15;
Technologies (RSTI.O) rating sell
---------------------------------------------------------------
------------ Smithfield Foods Deutsche Bank Cuts
price target to $10 from $14;
(SFD.N) keeps hold rating
---------------------------------------------------------------
------------ SPSS Inc SPSS.O Baird Cuts to
neutral from outperform

Jefferies Raises price target
to $34 from $28;

rating buy
---------------------------------------------------------------
------------ Standard Pacific UBS Cuts
price target to $2.5 from
(SPF.N) $3; keeps buy rating
---------------------------------------------------------------
------------ Teekay LNG Partners Raymond James Cuts
price target to $25 from $40;
(TGP.N) rating strong buy
---------------------------------------------------------------
------------ Teva Pharmaceutical Deutsche Bank Raises
price target to $57 from $54;
(TEVA.O) rating buy

Banc of America Raises price target
to $51 from $48;

rating buy
---------------------------------------------------------------
------------ Tidewater (TDW.N) Goldman Sachs Adds to
conviction sell list
---------------------------------------------------------------
------------ Trico Marine Jefferies Cuts to
underperform from hold
Services (TRMA.O)
---------------------------------------------------------------
------------ Ultra Petroleum (UPL.N)UBS Raises
price target to $62 from $60;

keeps buy rating
---------------------------------------------------------------
------------ Universal Electronics RBC Cuts
price target to $17 from $22;
(UEIC.O) rating outperform
---------------------------------------------------------------
------------ Veraz Networks Jefferies Cuts
price target to $0.45 from
(VRAZ.O) $0.60; rating
underperform

Needham Cuts price target to
$1.75 from

$2.50;rating buy
---------------------------------------------------------------
------------ Volcom (VLCM.O) Caris Cuts
price target to $12 from $15;

rating above average
---------------------------------------------------------------
------------ Walter Industries Brean Murray Cuts
price target to $30 from $45;
(WLT.N) keeps buy rating
---------------------------------------------------------------
------------ WebMD Health (WBMD.O) S&P Equity Raises
to sell from strong sell

Research
---------------------------------------------------------------
------------ Wesco International JP Morgan Cuts
price target to $18 from $26;
(WCC.N) keeps overweight
rating
---------------------------------------------------------------
------------ Western Refining Tristone Cuts to
market perform from
(WNR.N) outperform
---------------------------------------------------------------
------------ Willis Group UBS Cuts
price target to $36 from $41;
Holdings (WSH.N) keeps buy rating
---------------------------------------------------------------
------------ WMS Industries JP Morgan Raises
to neutral from underweight
(WMS.N)
---------------------------------------------------------------
------------ Zebra Technologies Raymond James Cuts
price target to $25 from $30;
(ZBRA.O) maintains outperform
rating
---------------------------------------------------------------
------------ ((Compiled by Tenzin Pema, Sandhya Menon and
Vidya L Nathan; Bangalore Equities Newsdesk +91 80 4135 5800;
within U.S. +1 646 223 8780))