Following are the research actions reported by Reuters on
Tuesday
as of 0918 ET.
For research actions reported earlier in the day, please
double click on [nBNG5895]
For a snapshot of research actions, please double click on
[SNAP/RCH]
---------------------------------------------------------------
------------ STOCK RESEARCH BY ACTION
Essex Property Lehman Cuts price target to
$115 from $132
Trust Inc (ESS.N)
---------------------------------------------------------------
------------ Duke Realty (DRE.N) Lehman Cuts
price target to $27 from $35;
keeps equalweight
rating
---------------------------------------------------------------
------------ Boston Properties Lehman Cuts
price target to $105 from $120
(BXP.N) keeps overweight
rating
---------------------------------------------------------------
------------ Apartment Investment Lehman Cuts
price target to $33 from $40
and Management (AIV.N)
---------------------------------------------------------------
------------ AvalonBay Communities Lehman Cuts
price target to $103 from $128;
(AVB.N) keeps equalweight
rating
---------------------------------------------------------------
------------- Apache (APA.N) Lehman Raises
price target to $116 from
$105; keeps
overweight rating
---------------------------------------------------------------
------------ Aruba Networks FTN Midwest Starts
with buy rating;
(ARUN.O) price target of $19
---------------------------------------------------------------
------------ Grant Prideco GRP.N Howard Weil
Downgrades to market perform from
market outperform
---------------------------------------------------------------
------------ Genesis Energy (GEL.A) SMH Capital Starts
with buy rating
---------------------------------------------------------------
------------ Quicksilver Resources RBC Raise
price target to $62 from $56;
(KWK.N) keeps outperform
rating
---------------------------------------------------------------
------------- National City NCC.N RBC Cuts
price target to $13 from $20;
keeps underperform
rating
---------------------------------------------------------------
------------- Marshall & Ilsley RBC Cuts
price target to $30 from $33;
(MI.N) keeps sector perform
rating
---------------------------------------------------------------
------------- ICx Technologies Needham Starts
with buy rating;
(ICXT.O) price target of $18
----------------------------------------------------------------
----------- Carrier Access Needham Cuts to
hold from buy
CACS.O
----------------------------------------------------------------
----------- Murphy Oil (MUR.N) Friedman Raises
price target to $81 from $64
---------------------------------------------------------------
------------ Marathon Oil (MRO.N) Friedman Raises
price target to $65 from $50
---------------------------------------------------------------
------------ Hess Corp (HES.N) Friedman Raises
price target to $97 from $73
---------------------------------------------------------------
------------ Occidental Petroleum Friedman Raises
to market perform from
(OXY.N) underperform
---------------------------------------------------------------
------------ Royal Gold (RGLD.O) HSBC Raises
to overweight from neutral,
keeps target of $34
---------------------------------------------------------------
------------ Quicksilver Resources Citigroup Raises
price target to $68 from $66;
(KWK.N) keeps buy rating
---------------------------------------------------------------
------------ Trane TT.N Keybanc Cuts to
hold from aggressive buy;
raises price target to $44 from $41
----------------------------------------------------------------
----------- Approach Resources Keybanc Starts
with buy rating;
(AREX.O) price target of $16
----------------------------------------------------------------
----------- Home Properties Baird Cuts
target to $47 from $55,
(HME.N) keeps neutral rating
----------------------------------------------------------------
----------- UDR (UDR.N) Baird Cuts
price target to $24 from $27;
keeps neutral rating
---------------------------------------------------------------
------------ Mid-America Apartment Baird Cuts
price target to $49 from $56;
Communities (MAA.N) keeps neutral rating
---------------------------------------------------------------
------------ Essex Property Trust Baird Cuts
price target to $108 from $127;
(ESS.N) keeps neutral rating
---------------------------------------------------------------
------------ Camden Property Baird Cuts
price target to $55 from $70;
Trust (CPT.N) keeps neutral rating
---------------------------------------------------------------
------------ Avalonbay Communities Baird Cuts to
neutral from outperform,
(AVB.N) target to $105 from
$130
---------------------------------------------------------------
------------ Associated Estates Baird Cuts to
neutral from outperform;
Realty (AEC.N) target to $12 from
$15
---------------------------------------------------------------
------------ National City Deutsche Bank Cuts
price target to $14 from $20;
NCC.N keeps sell
rating-theflyonthewall.com
---------------------------------------------------------------
------------ Embraer (ERJ.N) Credit Suisse Cuts to
neutral from outperform -
theflyonthewall.com
---------------------------------------------------------------
------------ Adobe Systems (ADBE.O) Piper Jaffray Raises
price target to $55 from $54;
keeps buy rating - theflyonthewall.com
----------------------------------------------------------------
----------- Synovus Financial Bernstein Cuts
price target to $30 from $31
(SNV.N)
---------------------------------------------------------------
------------ Marshall & Ilsley Bernstein Cuts
price target to $30 from $32
(MI.N)
---------------------------------------------------------------
------------ Agria (GRO.N) Piper Jaffray Starts
with buy rating; price target
of $15.50 - theflyonthewall.com
----------------------------------------------------------------
----------- Suntech Power (STP.N) Lehman Raises
price target to $100 from $80
-
theflyonthewall.com
---------------------------------------------------------------
------------ Memc Electronic Lehman Raises
price target to $110 from $90
Materials (WFR.N) -
theflyonthewall.com
---------------------------------------------------------------
------------ Dryships (DRYS.O) Cantor Cuts
price target to $121 from $133;
keeps buy rating
----------------------------------------------------------------
----------- JA Solar (JASO.O) Lehman Raises
price target to $80 from $65
-
theflyonthewall.com
---------------------------------------------------------------
------------ Cinemark Holdings Wachovia Starts
with outperform rating
(CNK.N)
---------------------------------------------------------------
------------ ((Compiled by Neetha Mahadevan; Bangalore
Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223
8780))
