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US RESEARCH SUMMARY-Non-S&P 500 Feb 2 1633 GMT

Mon Feb 2, 2009 11:34am EST

Stocks

    
 Following is a summary of research actions on non-S&P 500
companies reported  by Reuters on Monday. Stock entries are in
alphabetical order.
 For a summary of research on S&P 500 companies, double click
on [RCH/US]
 For a summary of research on Canadian companies, double click
on [RCH/CA]
 ---------------------------------------------------------------
 ------------ STOCK                  RESEARCH BY       ACTION
 Active Power (ACPW.O)  RBC               Cuts price target to
$1 from $2;
                                       rating outperform
 ---------------------------------------------------------------
 ------------  ADC Telecommunications S&P Equity        Raises
to hold from sell
 Inc (ADCT.O)
 ---------------------------------------------------------------
 ------------  American Axle          Baird             Cuts
price target to $5 from $6;
 (AXL.N)                                  rating neutral
              Credit Suisse     Cuts price target to $1 from
$3
 ---------------------------------------------------------------
 ------------  Arch Coal (ACI.N)      Credit Suisse     Cuts
price target to $20 from $33
 ---------------------------------------------------------------
 ------------  Arrow Electronics      Raymond James     Cuts to
market perform from
 (ARW.N)                                  outperform
 ---------------------------------------------------------------
 ------------ Avnet Inc (AVT.N)      Raymond James     Cuts to
market perform from
                                       outperform
 ---------------------------------------------------------------
 ------------  Boston Beer (SAM.N)    Deutsche Bank     Cuts
price target to $31 from $34;
                                       rating hold
 ---------------------------------------------------------------
 ------------  California Pizza       S&P Equity        Cuts to
sell from hold
 Kitchen (CPKI.O)
 ---------------------------------------------------------------
 ------------  Capstead Mortgage      Stifel            Cuts
price target to $12.35 from
 (CMO.N)                                  $13; rating buy
 ---------------------------------------------------------------
 ------------  Cardica (CRDC.O)       Lazard            Cuts
price target to $9 from $11;
                                       rating buy
 ---------------------------------------------------------------
 ------------  Cash America           RBC               Cuts
price target to $22 from $36;
 International (CSH.N)                    rating sector
perform
 ---------------------------------------------------------------
 ------------  CEC Entertainment      Morgan Keegan     Raises
to outperform from market
 (CEC.N)                                  perform on valuation,
strong cash
                                       flow
 ---------------------------------------------------------------
 ------------  Choice Hotels          Barclays          Cuts
price target to $20 from $26;
 (CHH.N)                                  rating equal-weight
 ---------------------------------------------------------------
 ------------ Cytec Industries       UBS               Cuts
price target to $21 from $24;
 (CYT.N)                                  keeps neutral rating
 ---------------------------------------------------------------
 ------------  Encore Bancshares      Sandler O'Neill   Cuts
price target to $12 from $17;
 (EBTX.O)                                 rating buy
 ---------------------------------------------------------------
 ------------  Fcstone Group FCSX.O Sandler O'Neill   Cuts
price target to $4 from $5;
                                       rating hold
 ---------------------------------------------------------------
 ------------  Ferro Corp (FOE.N)     Keybanc           Raises
to hold from underweight
                     Longbow           Cuts to neutral from
buy
 ---------------------------------------------------------------
 ------------  First Niagara          Sandler O'Neill   Cuts
price target by $1.50 to $14;
 Financial (FNFG.O)                       keeps hold rating
 ---------------------------------------------------------------
 ------------  Flowserve Corp (FLS.N) RBC               Cuts
price target to $75 from $80;
                                       rating outperform
 ---------------------------------------------------------------
 ------------  Fuel Systems Solutions Canaccord Adams   Cuts
price target to $35 from $40;
 (FSYS.O)                                 keeps buy rating
 ---------------------------------------------------------------
 ------------  Glacier Bancorp        Sandler O'Neill   Cuts
price target to $15 from $17;
 (GBCI.O)                                 rating hold
 ---------------------------------------------------------------
 ------------  Interstate Hotels &    S&P Equity        Raises
to hold from sell
 Resorts (IHR.N)
 ---------------------------------------------------------------
 ------------  Invesco Ltd (IVZ.N)    Jefferies         Cuts
price target to $15.00 from
                                       $18.00; rating buy
 ---------------------------------------------------------------
 ------------  Ion Geophysical        Barclays          Cuts
price target to $7 from $10;
 (IO.N)                                   rating overweight
 ---------------------------------------------------------------
 ------------ Itron Inc (ITRI.O)     UBS               Cuts to
neutral from buy
 ---------------------------------------------------------------
 ------------  ITT Educational        Credit Suisse     Raises
to outperform from neutral
 Services (ESI.N)
 ---------------------------------------------------------------
 ------------



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