US-RESEARCH/
PNC Financial Services Morgan Stanley Raises price target to $72 from (PNC.N: Quote, Profile, Research) $68; cuts 2008 shr view to $4.72
from $5.25; 2009 shr view to $5.74
from $5.80 --------------------------------------------------------------- ------------ Qualcomm (QCOM.O: Quote, Profile, Research) Nomura Starts with buy rating --------------------------------------------------------------- ------------ Safeco (SAF.N: Quote, Profile, Research) JP Morgan Raises to neutral from underweight --------------------------------------------------------------- ------------ Schering Plough S&P Equity Raises price target by $3 to $21; (SGP.N: Quote, Profile, Research) Research keeps hold --------------------------------------------------------------- ------------ Suntrust Banks (STI.N: Quote, Profile, Research) Morgan Stanley Cuts price target to $51 from $53;
cuts 2008 shr view to $3.32 from
$4.08; 2009 shr view to $3.95 from
$4.11 --------------------------------------------------------------- ------------ United States Steel UBS Raises price target to $172 from (X.N: Quote, Profile, Research) $160; keeps buy rating --------------------------------------------------------------- ------------ US Bancorp (USB.N: Quote, Profile, Research) Morgan Stanley Cuts 2008 shr view to $2.20 from
$2.41; 2009 shr view to $2.46 from
$2.56 --------------------------------------------------------------- ------------ Wachovia (WB.N: Quote, Profile, Research) Morgan Stanley Cuts price target to $26 from $28;
cuts 2008 shr view to $1.43 from
$2.84; 2009 shr view to $2.18 from
$3.33 --------------------------------------------------------------- ------------ Wachovia (WB.N: Quote, Profile, Research) S&P Equity Cuts to sell from hold on valuation
Research --------------------------------------------------------------- ------------ Wells Fargo (WFC.N: Quote, Profile, Research) Morgan Stanley Cuts 2009 shr view to $2.19 from
$2.37 --------------------------------------------------------------- ------------ WM Wrigley (WWY.N: Quote, Profile, Research) S&P Equity Raises price target to $80 from
Research $62; keeps hold --------------------------------------------------------------- ------------ ((Compiled by Ratul Ray Chaudhuri; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780))
© Thomson Reuters 2008 All rights reserved.

