US RESEARCH SUMMARY-S&P 500 April 3 1434 GMT
Following is a summary of research actions on S&P 500 companies reported by Reuters on Friday. Stock entries are in alphabetical order. For a summary of research on non-S&P 500 companies, double click on [RCH/US2] For a summary of research on Canadian companies, double click on [RCH/CA] See bottom of the table for sector changes. --------------------------------------------------------------------------- STOCK RESEARCH BY ACTION American Express Goldman Sachs Keeps sell rating[nWNAB0562] --------------------------------------------------------------------------- Bristol-Myers Squibb Bernstein Cuts to market-perform from outperform --------------------------------------------------------------------------- CME Group Jefferies Raises price target to $230 from $190; keeps hold rating --------------------------------------------------------------------------- Danaher Corp Bernstein Cuts price target to $50 from $55; rating market perform --------------------------------------------------------------------------- Devon Energy Corp Friedman Raises price target to $60 from $50 --------------------------------------------------------------------------- D.R. Horton Inc S&P Equity Raises target price to $13 from $10; rating buy --------------------------------------------------------------------------- DR Pepper Snapple Barclays Starts with overweight; price target of $25 --------------------------------------------------------------------------- Dow Chemical Barclays Raises price target to $11 from $5; rating equal weight --------------------------------------------------------------------------- First Horizon National Citigroup Cuts to hold from buy [nBNG489079] --------------------------------------------------------------------------- Freeport Mcmoran UBS Raises price target to $49 from $35; keeps buy rating --------------------------------------------------------------------------- Intercontinental Goldman Sachs Adds to America's conviction buy exchange list; raises price target to $90 from $60; rating buy --------------------------------------------------------------------------- Morgan Stanley Goldman Sachs Keeps buy rating [nWNAB0562] --------------------------------------------------------------------------- Paccar Goldman Sachs Removes from Americas conviction sell list; keeps sell rating; raises price target to $20 from $17 --------------------------------------------------------------------------- PPL Corp BARCLAYS Cuts price target to $40 from $42; rating overweight --------------------------------------------------------------------------- Praxair Inc BARCLAYS Raises price target to $76 from $70; rating overweight --------------------------------------------------------------------------- Whole Foods Market Jefferies Cuts to hold from buy --------------------------------------------------------------------------- Wisconsin Energy Wachovia Starts with outperform rating --------------------------------------------------------------------------- ((Compiled by Sandhya Menon and Mihir Dalal; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)) (C) Reuters 2009. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world. nBNG405190 RCH/US
