US-RESEARCH/ (NON-S&P500)

Penn National Gaming Goldman Sachs Cuts price target to
$32 from
(PENN.O) $43; rating neutral
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----------- Piper Jaffray (PJC.N) Wachovia Sees Q2
loss/shr of $0.21 vs

prior profit/shr view
of $0.30; cuts

2008 shr view to
$0.35 from $1.06
---------------------------------------------------------------
------------ PMC-Sierra (PMCS.O) S&P Equity Raises
to hold from sell

Research on valuation
---------------------------------------------------------------
------------ Republic Airways Calyon Cuts
price target to $20 from
(RJET.O) $22; rating buy

[ID:nWNA9002]
---------------------------------------------------------------
------------ Rite Aid (RAD.N) Credit Suisse Cuts to
neutral from outperform,

reports
theflyonthewall.com
---------------------------------------------------------------
------------ Salem Communications BMO Cuts to
market perform from
(SALM.O) outperform, reports

theflyonthewall.com
---------------------------------------------------------------
------------ SBA Communications Raymond James Raises
price target to $49 from
(SBAC.O) $45; rating strong
buy
---------------------------------------------------------------
------------ Smurfit-Stone Credit Suisse Raises
to outperform from neutral,
Container SSCC.O theflyonthewall.com
---------------------------------------------------------------
------------ Southwest Bancorp Stifel Raises
to buy from hold
(OKSB.O)
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----------- Stanley Furniture Raymond James Cuts to
market perform from
(STLY.O) strong buy
---------------------------------------------------------------
------------ Successfactors Oppenheimer Starts
with outperform; price
(SFSF.O) target $15, reports

theflyonthewall.com

Deutsche Bank Starts with buy
rating; price

target $15, reports

theflyonthewall.com
---------------------------------------------------------------
------------ TCF Financial (TCB.N) Stifel Cuts
price target to $20 from

$22; rating buy
---------------------------------------------------------------
------------ Temple-Inland (TIN.N) Credit Suisse Raises
to outperform from neutral,

reports
theflyonthewall.com
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----------- Teva Pharmaceutical Deutsche Bank Cuts to
hold from buy
(TEVA.O)
---------------------------------------------------------------
------------ UBS AG (UBS.N) Banc of America Narrows
Q2 loss/shr view to

$0.15 from loss/shr
view of $1.70;

rating buy; price
target $37
---------------------------------------------------------------
------------ Warner Music (WMG.N) Wedbush Cuts
price target to $7 from

$9; keeps hold rating
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----------- ((Compiled by Ramya Dilip; Bangalore Equities
Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780))