US-RESEARCH/ (S&P500)

3M Co (MMM.N: Quote, Profile, Research) Credit Suisse Cuts price target to
$79 from $94

Deutsche Bank Cuts price target to
$85 from $100
---------------------------------------------------------------
------------ Microchip Technology Lehman Cuts
price target to $36 from $39;
(MCHP.O: Quote, Profile, Research) rating equal weight

Credit Suisse Cuts price target to
$36 from $39
---------------------------------------------------------------
------------ National City Ladenburg Cuts
price target to $6 from $7;
(NCC.N: Quote, Profile, Research) Thalmann keeps buy rating;
sees 2008 loss/shr

of $4.02 vs prior
loss/shr view

of $1.06

Friedman Cuts price target to
$5.50 from $6;

keeps market perform
rating; sees 2008
operating loss/shr of $1.90 vs

prior loss/shr view
of $0.74
---------------------------------------------------------------
------------ Newmont Mining Credit Suisse Cuts
price target to $65 from $70
(NEM.N: Quote, Profile, Research)
---------------------------------------------------------------
------------ Noble (NE.N: Quote, Profile, Research) Jefferies Raises
to buy from hold
---------------------------------------------------------------
------------ Perkinelmer (PKI.N: Quote, Profile, Research) S&P Equity Raises
price target by $4 to $39;

rating buy
---------------------------------------------------------------
------------ Prologis (PLD.N: Quote, Profile, Research) Citigroup Cuts
price target to $43 from

$52; rating sell
---------------------------------------------------------------
------------ Qualcomm Jefferies Raises
price target to $61 from
(QCOM.O: Quote, Profile, Research) $54; keeps buy rating

Citigroup Raises price target
to $70 from

$61; rating buy

Deutsche Bank Raises price target
to $70 from

$65; rating buy
---------------------------------------------------------------
------------ RadioShack Lehman Raises
price target to $17.5 from
(RSH.N: Quote, Profile, Research) $15; rating
underweight
---------------------------------------------------------------
------------ Range Resources RBC Raises
to outperform from sector
(RRC.N: Quote, Profile, Research) perform

Credit Suisse Cuts price target to
$75 from $83
---------------------------------------------------------------
------------ Raytheon (RTN.N: Quote, Profile, Research) Credit Suisse Cuts
price target to $67 from $70
---------------------------------------------------------------
------------ Rohm and Haas Lehman Raises
price target to $78 from
(ROH.N: Quote, Profile, Research) $50; rating equal
weight
---------------------------------------------------------------
------------ Smith International Lehman Cuts
price target to $86 from $91;
(SII.N: Quote, Profile, Research) rating equal weight

RBC Raises price target
to $91 from

$87; rating sector
perform
---------------------------------------------------------------
------------ Snap-On Baird Cuts
price target to $79 from $86;
(SNA.N: Quote, Profile, Research) rating outperform
---------------------------------------------------------------
------------ Starwood Hotels & Raymond James Cuts to
market perform from
Resorts (HOT.N: Quote, Profile, Research) outperform, reports

theflyonthewall.com

Citigroup Cuts price target to
$50.00 from

$60.00; rating buy

UBS Cuts price target to
$49.5 from

$53; rating buy

Deutsche Bank Cuts price target to
$46 from $53
---------------------------------------------------------------
------------ T Rowe Price S&P Equity Raises
price target by $3 to $58;
(TROW.O: Quote, Profile, Research) rating hold

Banc of America Raises price target
to $53 from $48; keeps
neutral rating
---------------------------------------------------------------
------------ Teradyne Lehman Raises
to overweight from
(TER.N: Quote, Profile, Research) equal weight

Credit Suisse Cuts price target to $11.50
from $15
---------------------------------------------------------------
------------ Terex (TEX.N: Quote, Profile, Research) Credit Suisse Cuts
price target to $76 from $80
---------------------------------------------------------------
------------ Tiffany & Co (TIF.N: Quote, Profile, Research) Banc of America Cuts to
sell from neutral
[ID:nBNG125965]
---------------------------------------------------------------
------------ Union Pacific Morgan Stanley Raises
price target to $95 from
(UNP.N: Quote, Profile, Research) $87.50; rating
overweight
---------------------------------------------------------------
------------ Wachovia (WB.N: Quote, Profile, Research) Morgan Keegan Cuts to
underperform rating
---------------------------------------------------------------
------------ U.S. Pharma Sector Credit Suisse Upgrades
to small overweight
---------------------------------------------------------------
------------ ((Compiled by Tenzin Pema; Bangalore Equities
Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780))