US RESEARCH SUMMARY-Non-S&P 500 Feb 2 1633 GMT

Following is a summary of research actions on non-S&P 500
companies reported by Reuters on Monday. 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
Active Power (ACPW.O) RBC Cuts price target to
$1 from $2;

rating outperform
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------------ ADC Telecommunications S&P Equity Raises
to hold from sell
Inc (ADCT.O)
---------------------------------------------------------------
------------ American Axle Baird Cuts
price target to $5 from $6;
(AXL.N) rating neutral

Credit Suisse Cuts price target to $1 from
$3
---------------------------------------------------------------
------------ Arch Coal (ACI.N) Credit Suisse Cuts
price target to $20 from $33
---------------------------------------------------------------
------------ Arrow Electronics Raymond James Cuts to
market perform from
(ARW.N) outperform
---------------------------------------------------------------
------------ Avnet Inc (AVT.N) Raymond James Cuts to
market perform from

outperform
---------------------------------------------------------------
------------ Boston Beer (SAM.N) Deutsche Bank Cuts
price target to $31 from $34;

rating hold
---------------------------------------------------------------
------------ California Pizza S&P Equity Cuts to
sell from hold
Kitchen (CPKI.O)
---------------------------------------------------------------
------------ Capstead Mortgage Stifel Cuts
price target to $12.35 from
(CMO.N) $13; rating buy
---------------------------------------------------------------
------------ Cardica (CRDC.O) Lazard Cuts
price target to $9 from $11;

rating buy
---------------------------------------------------------------
------------ Cash America RBC Cuts
price target to $22 from $36;
International (CSH.N) rating sector
perform
---------------------------------------------------------------
------------ CEC Entertainment Morgan Keegan Raises
to outperform from market
(CEC.N) perform on valuation,
strong cash

flow
---------------------------------------------------------------
------------ Choice Hotels Barclays Cuts
price target to $20 from $26;
(CHH.N) rating equal-weight
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------------ Cytec Industries UBS Cuts
price target to $21 from $24;
(CYT.N) keeps neutral rating
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------------ Encore Bancshares Sandler O'Neill Cuts
price target to $12 from $17;
(EBTX.O) rating buy
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------------ Fcstone Group FCSX.O Sandler O'Neill Cuts
price target to $4 from $5;

rating hold
---------------------------------------------------------------
------------ Ferro Corp (FOE.N) Keybanc Raises
to hold from underweight

Longbow Cuts to neutral from
buy
---------------------------------------------------------------
------------ First Niagara Sandler O'Neill Cuts
price target by $1.50 to $14;
Financial (FNFG.O) keeps hold rating
---------------------------------------------------------------
------------ Flowserve Corp (FLS.N) RBC Cuts
price target to $75 from $80;

rating outperform
---------------------------------------------------------------
------------ Fuel Systems Solutions Canaccord Adams Cuts
price target to $35 from $40;
(FSYS.O) keeps buy rating
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------------ Glacier Bancorp Sandler O'Neill Cuts
price target to $15 from $17;
(GBCI.O) rating hold
---------------------------------------------------------------
------------ Interstate Hotels & S&P Equity Raises
to hold from sell
Resorts (IHR.N)
---------------------------------------------------------------
------------ Invesco Ltd (IVZ.N) Jefferies Cuts
price target to $15.00 from

$18.00; rating buy
---------------------------------------------------------------
------------ Ion Geophysical Barclays Cuts
price target to $7 from $10;
(IO.N) rating overweight
---------------------------------------------------------------
------------ Itron Inc (ITRI.O) UBS Cuts to
neutral from buy
---------------------------------------------------------------
------------ ITT Educational Credit Suisse Raises
to outperform from neutral
Services (ESI.N)
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------------