CORRECTED - CORRECTED-EU RESEARCH SUMMARY: Non-FTSEurofirst 300 March 18 190

Fri Mar 20, 2009 8:23am EDT
 
[-] Text [+]
 (Corrects item 28 to say price target was raised on HMV, and
not cut)
 Following is a summary of research actions on Non-FTSEurofirst
300 companies  reported by Reuters on Wednesday. Stock entries
are in alphabetical order.
 For a summary of research on FTSEurofirst 300 companies,
double click on  [RCH/EUROPE]
 ---------------------------------------------------------------
 ------------ STOCK                  RESEARCH BY       ACTION
 Agora AGOD.WA        Deutsche Bank     Cuts price target to
8.70 Pln from
                                       15.80 Pln; rating
sell
 ---------------------------------------------------------------
 ------------ Arcandor AG (AROG.DE)  S&P Equity        Raises
to hold from sell
 ---------------------------------------------------------------
 ------------ Arcelormittal          Socgen            Cuts
price target to 23 euros; rating
 (ISPA.AS)                                buy
 ---------------------------------------------------------------
 ------------ Atenor Group (ATEO.BR) Dexia             Cuts
price target to 40 euro; rating
                                       neutral
 ---------------------------------------------------------------
 ------------ Autonomy Corp (AUTN.L) Investec          Cuts to
hold from buy
                     Deutsche Bank     Raises price target
to 1500p from
                                       1300p; rating buy
 ---------------------------------------------------------------
 ------------ Audi AG (NSUG.DE)      Morgan Stanley    Cuts
price target to 570 euros
 [ID:nBNG343726]                          from 730 euros;
rating overweight
 ---------------------------------------------------------------
 ------------ Balfour Beatty         Goldman Sachs     Raises
price target to 360p from
 (BALF.L)                                 320p; rating neutral
 ---------------------------------------------------------------
 ------------ BIM (BIMAS.IS)         RBS               Cuts
price target to 37.95 ytl from
                                       41.54 ytl; rating
buy
 ---------------------------------------------------------------
 ------------ Bloomsbury Publishing  Goldman Sachs     Cuts
price target to 165p from 186p;
 (BLPU.L)                                          rating
neutral
 ---------------------------------------------------------------
 ------------ Boskalis (BOSN.AS)     KBC               Cuts
price target to 20 euros from
                                       24 euros
 ---------------------------------------------------------------
 ------------ BT Group (BT.L)        Goldman Sachs     Cuts
price target to 102p from 132p;
                                       rating neutral
                     Deutsche Bank     Cuts price target to
120p from 136p;
                                       rating hold
 ---------------------------------------------------------------
 ------------ Bulgari (BULG.MI)      Credit Suisse     Cuts
price target to 2.7 euros from
                                       3 euros; rating
underperform
 ---------------------------------------------------------------
 ------------ Burberry Group Plc     Goldman Sachs     Cuts to
sell rating; adds to
 (BRBY.L)                                 conviction sell list
 ---------------------------------------------------------------
 ------------ Corio (COR.AS)         JP Morgan         Cuts
price target to 34 euros from
                                       43 euros; rating
overweight
 ---------------------------------------------------------------
 ------------ Debenhams (DEB.L)      Citigroup         Raises
price target to 45p from 35p;
                                       rating hold
 ---------------------------------------------------------------
 ------------ Derwent London (DLN.L) Citigroup         Cuts
price target to 700p from
                                       1000p; rating buy
                     Nomura            Cuts price target to
749p from 759p;
                                       rating buy
 ---------------------------------------------------------------
 ------------ Drax Group (DRX.L)     Evolution         Cuts to
reduce from add
 ---------------------------------------------------------------
 ------------ Finnair (FIA1S.HE)     Goldman Sachs     Adds to
pan-Europe conviction sell
                                       list; cuts to sell
from buy
 ---------------------------------------------------------------
 ------------ First Quantum Minerals Citigroup         Raises
price target to 2130p from
 (FQM.L)                                  1775p; rating hold
 ---------------------------------------------------------------
 ------------ Flughafen Wien         Deutsche Bank     Cuts
price target to 28.4 euros
 (VIEV.VI)                                from 44.2 euros;
rating hold
 ---------------------------------------------------------------
 ------------ Fraport (FRAG.DE)      Goldman Sachs     Adds to
pan-Europe conviction sell
                                       list; cuts price
target to 19 euros
                                       from 24 euros; rating
sell
 ---------------------------------------------------------------
 ------------ 

 

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