US RESEARCH SUMMARY-Non-S&P 500 Sept 4 1704 GMT

---------------------------------------------------------------
- ----------- Katanga Mining UBS Cuts
price target to C$17 from
(KAT.TO) [ID:nWNA2263] C$19; rating buy
---------------------------------------------------------------
------------ Kelly Services Citigroup Cuts to
sell from hold
(KELYA.O)
---------------------------------------------------------------
------------ Lam Research (LRCX.O) Morgan Stanley Cuts
underweight from overweight,

reports
theflyonthewall.com
---------------------------------------------------------------
------------ Lincoln Electric Barrington Cuts to
market perform from outperform
---------------------------------------------------------------
------------ Mako Surgical (MAKO.O) Lazard Starts
with buy; price target of $15
---------------------------------------------------------------
------------ Marvell Technology Deutsche Bank Cuts to
hold from buy;
(MRVL.O) price target to $15
from $20

Credit Suisse Starts with neutral;
price target of $17,

reports
theflyonthewall.com
---------------------------------------------------------------
------------ Masimo (MASI.O) Lazard Starts
with buy; price target of $52
---------------------------------------------------------------
------------ Medivation (MDVN.O) RBC Raises
price target to $34 from $24;

rating sector
perform
---------------------------------------------------------------
------------ McAfee (MFE.N) American Starts
with buy; price target of $50,

Technology reports
theflyonthewall.com
---------------------------------------------------------------
------------ MKS Inc Versant Partners Raises
price target to C$2.60 from
(MKX.TO) C$2.35; rating buy
---------------------------------------------------------------
------------ Navios Maritime (NM.N) Lazard Cuts to
hold from buy,

reports
theflyonthewall.com
---------------------------------------------------------------
------------ O'Charley's (CHUX.O) Raymond James Cuts to
market perform,

reports
theflyonthewall.com
---------------------------------------------------------------
------------ Olympic Steel (ZEUS.O) Goldman Sachs Cuts
price target to $51 from $69
---------------------------------------------------------------
------------ Orezone Resources BMO Cuts
price target to c$1.10 from c$1.40;
OZN.TO rating market
perform
---------------------------------------------------------------
------------ Pharmaceutical Product Goldman Sachs Raises
to buy from neutral,
Development (PPDI.O) reports
theflhyonthewall.com
---------------------------------------------------------------
------------ Piedmont Natural Baird Cuts to
neutral from outperform
Gas Inc (PNY.N) on valuation
---------------------------------------------------------------
------------ Pier 1 Imports Wedbush Cuts
price target to $6 from $7;
(PIR.N) rating buy
---------------------------------------------------------------
------------ Randgold Resources BMO Cuts
price target to $48 from $52;
(GOLD.O) rating marketperform
---------------------------------------------------------------
------------ Red Back (RBI.TO) BMO Cuts
price target to c$9 from c$10;

rating outperform
---------------------------------------------------------------
------------ Reliance Steel & Goldman Sachs Cuts
price target to $59 from $74
Aluminum (RS.N)
---------------------------------------------------------------
------------ Ruby Tuesday (RT.N) Raymond James Cuts to
underperform,

reports
theflyonthewall.com
---------------------------------------------------------------
------------ Saic Inc (SAI.N) Wachovia Raises
to outperform from market perform
---------------------------------------------------------------
------------ Schnitzer Steel Goldman Sachs Cuts
price target to $72 from $87
Industries (SCHN.O)
---------------------------------------------------------------
------------ Shanda Interactive Oppenheimer Raises
to outperform from perform,
(SNDA.O) theflyonthewall.com
---------------------------------------------------------------
------------ Smurfit Stone BMO Cuts to
underperform from market perfrom

on valuation
---------------------------------------------------------------
------------ Spansion SPSN.O Cowen Starts
with neutral rating
---------------------------------------------------------------
------------ Spectranetics (SPNC.O) Goldman Sachs Cuts to
sell from neutral,

reports
theflyonthewall.com
---------------------------------------------------------------
------------ Steel Dynamics Goldman Sachs Raises
to buy from neutral, reports
(STLD.O) theflyonthewall.com;

Cuts price target to
$34 from $44
---------------------------------------------------------------
------------ Strayer Education UBS Starts
with buy; price target of $290,
(STRA.O) reports
theflyonthewall.com
---------------------------------------------------------------
------------ Teleflex (TFX.N) Lazard Starts
with buy, price target of $80
---------------------------------------------------------------
------------ Texas Roadhouse Raymond James Cuts to
outperform, reports
(TXRH.O) theflyonthewall.com
---------------------------------------------------------------
------------ Thornburg Mortgage Deutsche Bank Cuts
price target to $0.50 from $1.20;
TMA.N rating hold
---------------------------------------------------------------
------------ Toll Brothers (TOL.N) S&P Equity Raises
price target by $2 to $29;

rating buy
---------------------------------------------------------------
------------ Tomotherapy (TOMO.O) Lazard Starts
with sell; price target of $3
---------------------------------------------------------------
------------ West Fraser Timber Raymond James Raises
price target to C$38 from
(WFT.TO) [ID:nWNA2170] C$34; rating market
perform
---------------------------------------------------------------
------------ Yamana Gold BMO Cuts
price target to $15 from $21;
(AUY.N) (YRI.TO) rating outperform
---------------------------------------------------------------
------------ Zumiez Wedbush Raises
price target to $16 from
(ZUMZ.O) $14; rating hold
---------------------------------------------------------------
------------ Zymogenetics (ZGEN.O) UBS Cuts
price target to $14 from $15;

rating buy
---------------------------------------------------------------
------------ ((Compiled by Tenzin Pema and Adveith Nair;
Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1
646 223 8780))