US-RESEARCH/ (NON-S&P500)

Moneygram KeyBanc Upgrades to hold from
underweight
International (MGI.N)
---------------------------------------------------------------
------------ Pacer International Baird Raises
price target to $18 from $16;
(PACR.O) keeps neutral rating
---------------------------------------------------------------
------------ PNM Resources (PNM.N) Citigroup Cuts to
hold from buy
---------------------------------------------------------------
------------ PNM Resources Jefferies Cuts
price target to $18 from $23;
(PNM.N) keeps buy rating
---------------------------------------------------------------
------------ PNM Resources (PNM.N) Lehman Cuts to
equal weight from overweight
---------------------------------------------------------------
------------ Precision Castparts Goldman Sachs Adds to
conviction buy list; keeps (PCP.N)

buy rating
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----------- RC2 Corp (RCRC.O) Wedbush Cuts
target price to $22 from $24;

keeps hold rating
---------------------------------------------------------------
------------ RenaissanceRe (RNR.N) Citigroup Raises
to hold from sell
---------------------------------------------------------------
------------ Safeco SAF.N Lehman Cuts to
equal weight from overweight

reports theflyonthewall.com
----------------------------------------------------------------
----------- Smith International UBS Cuts to
neutral from buy
(SII.N)
---------------------------------------------------------------
------------ Somaxon RBC Cuts
price target to $10 from $19; Pharmaceuticals (SOMX.O)

keeps outperform rating
---------------------------------------------------------------
------------ Sierra Pacific Lehman Cuts
price target to $16 from $18;
Resources SRP.N keeps equal weight
rating
---------------------------------------------------------------
------------ Suburban Propane Raymond James Cuts
price target to $51 from $54;
Partners (SPH.N) keeps strong buy
rating
---------------------------------------------------------------
------------ Successfactors Wedbush Cuts
price target to $10 from $13;
(SFSF.O) has hold rating
---------------------------------------------------------------
------------ Synchronoss Needham Starts
with buy rating; price
Technologies (SNCR.O) target of $24
---------------------------------------------------------------
------------ Teck Cominco (TCKb.TO) RBC Cuts
price target to C$40 from C$45;

has sector perform rating
---------------------------------------------------------------
------------ Teekay Corp (TK.N) Lazard Raises
price target to $55 from $52;

keeps buy rating
----------------------------------------------------------------
----------- Third Wave Lazard Starts
with buy rating; price
Technologies TWTI.O target of $12
---------------------------------------------------------------
------------ Thomas & Betts (TNB.N) RBC Cuts
price target to $47 from $60
----------------------------------------------------------------
----------- Thomas & Betts Friedman Cuts to
market perform from
(TNB.N) outperform
---------------------------------------------------------------
------------ Time Warner Telecom Raymond James Raises
to outperform from market
(TWTC.O) perform
---------------------------------------------------------------
------------ Triple S Management Oppenheimer Raises
price target to $25 from $22; (GTS.N)

has outperform rating
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----------- Valspar Corp (VAL.N) Deutsche Bank Cuts
price target to $27 from $30;

keeps buy rating
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----------- Veeco Instruments American Raises to
buy from neutral
(VECO.O) Technology
---------------------------------------------------------------
------------ Vertex Pharmaceuticals Citigroup Cuts
price target to $21 from $25;
(VRTX.O) keeps hold rating
---------------------------------------------------------------
------------ Voltaire (VOLT.O) RBC Cuts
price target to $10 from $12;

keeps outperform rating
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----------- Willis Group Holdings Lehman Cuts to
equal weight from overweight WSH.N

reports theflyonthewall.com
----------------------------------------------------------------
----------- Winn Dixie Stores Friedman Cuts to
market perform from
(WINN.O) outperform; price
target to $16
---------------------------------------------------------------
------------ WR Berkley Citigroup Cuts
price target to $34 from $35;
BER.N keeps buy rating
---------------------------------------------------------------
------------ Zumiez (ZUMZ.O) Wedbush Cuts
price target to $17 from $21;

has hold rating
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------------ ((Compiled by Aditi Samajpati; Bangalore Equities
Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780))