(Corrects to remove item on Kraft Foods Inc (KFT.N) as the
change was for the company's credit rating, not stock)
Following are the research actions reported by Reuters as of
0846 ET on Friday.
For a snapshot of research actions, please double click on
[SNAP/RCH]
---------------------------------------------------------------
------------ STOCK RESEARCH BY ACTION
F5 Networks BMO Raises to outperform
from
(FFIV.O) market perform, keeps
$44 target price
---------------------------------------------------------------
------------ E Trade Financial BMO Cuts to
market perform from outperform
(ETFC.O)
---------------------------------------------------------------
------------ Sally Beauty Oppenheimer Raises
price target to $9.45 from
Holdings (SBH.N) $7.60, keeps neutral
rating
---------------------------------------------------------------
------------ MGI Pharma Friedman Cuts to
market perform from
MOGN.O outperform on takeout
speculation
---------------------------------------------------------------
------------ Merck & Co Deutsche Bank Raises
price target to $70 from $62;
(MRK.N) has buy rating
---------------------------------------------------------------
------------ Countrywide Financial Fox-Pitt Raises
to outperform from in-line
CFC.N
---------------------------------------------------------------
------------ March Networks Dundee Raises
to market outperform from (MN.TO)
market neutral
---------------------------------------------------------------
------------ American Campus Merrill Lynch Raises
to buy from neutral reports
Communities (ACC.N) theflyonthewall.com
---------------------------------------------------------------
------------ Acorn International Merrill Lynch Cuts to
sell from buy reports
(ATV.N) theflyonthewall.com
---------------------------------------------------------------
------------ Abitibibowater Inc BMO Raises
price target to $15 from $12
ABH.N
---------------------------------------------------------------
------------ Mentor Graphics Needham Cuts
price target to $16 from $18; (MENT.O)
keeps buy rating
---------------------------------------------------------------
------------ Amphenol Morgan Stanley Assumes
with equal-weight vs
(APH.N) overweight reports
theflyonthewall.com
---------------------------------------------------------------
------------ Dell Inc Bear Stearns Cuts CY
2008 price target to $40 (DELL.O) [nWNA7561]
from $43; keeps outperform rating
---------------------------------------------------------------
------------ Watsco Inc KeyBanc Cuts to
hold from aggressive buy
(WSO.N)
---------------------------------------------------------------
------------ J Crew Group Citigroup Cuts
price target to $42 from $45; (JCG.N)
keeps hold rating
---------------------------------------------------------------
------------ Lions Gate Wedbush Raises
to strong buy from buy
Entertainment (LGF.N)
---------------------------------------------------------------
------------ Molex Morgan Stanley Assumes
with equal-weight rating vs (MOLX.O)
underweight reports
theflyonthewall.com
---------------------------------------------------------------
------------ Lululemon Athletica RBC Raises
price target to $47 from $41;
(LLL.TO) (LULU.O) keeps outperform
rating
---------------------------------------------------------------
------------ AbitibiBowater RBC Raises
to outperform from
ABH.N sector perform
---------------------------------------------------------------
------------ Telus Corp (T.TO) RBC Cuts to
sector perform from outperform
---------------------------------------------------------------
------------ Atwood Oceanics Jefferies Raises
price target to $80 from $73; (ATW.N)
keeps hold rating
----------------------------------------------------------------
----------- OmniVision Jefferies Cuts
price target to $20 from $22; Technologies (OVTI.O)
keeps hold rating
----------------------------------------------------------------
----------- Acergy (ACGY.O) Jefferies Cuts
price target to $34 from $36;
keeps buy rating
----------------------------------------------------------------
----------- Healthcare Realty Jefferies Starts
with buy rating; price target Trust (HR.N)
of $28
----------------------------------------------------------------
----------- Manpower (MAN.N) Credit Suisse Starts
with outperform rating,
reports theflyonthewall.com
----------------------------------------------------------------
----------- OSI Pharmaceuticals Lazard Raises
price target to $50 from $43; (OSIP.O)
keeps buy rating
----------------------------------------------------------------
----------- Moody's (MCO.N) UBS Starts
with sell rating, reports
theflyonthewall.com
----------------------------------------------------------------
----------- McGraw-Hill Companies UBS Starts
with sell rating, reports
(MHP.N) theflyonthewall.com
----------------------------------------------------------------
----------- Telus Corp (T.TO) UBS Cuts
price target to C$58 from C$66
----------------------------------------------------------------
----------- Rogers Communications UBS Cuts
price target to C$53 from C$60 (RCIb.TO)
----------------------------------------------------------------
----------- Diamond Offshore Calyon Raises to
add from neutral on Drilling (DO.N)
valuation
----------------------------------------------------------------
----------- Spartan Stores UBS Starts
with buy rating; price target (SPTN.O)
of $30 - theflyonthewall.com
----------------------------------------------------------------
----------- FuelCell Energy JP Morgan Starts
with overweight rating, (FCEL.O)
reports theflyonthewall.com
----------------------------------------------------------------
----------- Plug Power (PLUG.O) JP Morgan Starts
with underweight rating,
theflyonthewall.com
----------------------------------------------------------------
----------- Telmex (TMX.N) JP Morgan Raises to
neutral from underweight,
theflyonthewall.com
---------------------------------------------------------------
------------ Mohawk Industries Banc of America Cuts to
sell from neutral, reports (MHK.N)
theflyonthewall.com
----------------------------------------------------------------
----------- Western Refining Banc of America Raises to
buy from neutral, reports (WNR.N)
theflyonthewall.com
----------------------------------------------------------------
----------- Valero Energy (VLO.N) Banc of America Raises to
buy form neutral, reports
theflyonthewall.com
----------------------------------------------------------------
----------- Lake Shore Gold Corp Raymond James Cuts to
market perform from strong (LSG.TO)
buy
----------------------------------------------------------------
----------- AbitibiBowater ABH.N Raymond James Cuts to
underperform from market
perform
----------------------------------------------------------------
----------- ((Compiled by Nivedita Gupta; Bangalore Equities
Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780))