October 9, 2008 / 9:29 AM / 10 years ago

US-RESEARCH/ (S&P500)

 Janus Capital JNS.N  Sandler O’Neill   Cuts price target to $18 from
                                       $34; rating buy  ———————————————————————————————-  —————— JC Penney (JCP.N)      Barclays Capital  Cuts price target to $41 from
                                       $45; rating overweight  ———————————————————————————————-  —————— Kohl’s Corp (KSS.N)    Barclays Capital  Cuts price target to $50 from
                                       $55; rating overweight  ———————————————————————————————-  —————— Limited Brands LTD.N Barclays Capital  Cuts price target to $19 from
                                       $23; rating equal-weight  ———————————————————————————————-  —————— Merrill Lynch MER.N  Bernstein         Rates market perform; price target
                                       of $28
                                       Widens Q3 loss per share view to $5.13
                                       from $4.46
                                       Widens 2008 loss per share view to
                                       $10.57 from $9.81  ———————————————————————————————-  —————— Monsanto MON.N       Barclays Capital  Cuts price target to $110 from
                                       $120; rating equal-weight  ———————————————————————————————-  —————— Pactiv Corp PTV.N    JP Morgan         Raises to overweight from neutral  ———————————————————————————————-  —————— Progressive Corp       Sandler O’Neill   Cuts price target to $15 from  (PGR.N)                                  $19; rating hold  ———————————————————————————————-  —————— Public Service         Jefferies         Cuts price target to $42 from $50;  Enterprise (PEG.N)                       rating buy  ———————————————————————————————-  —————— Sempra Energy (SRE.N)  S&P Equity        Cuts price target by $6 to $60;  Research                                 rating strong buy  ———————————————————————————————-  —————— SLM Corp SLM.N       S&P Equity        Cuts price target by $5 to
                                       $8; rating hold  ———————————————————————————————-  —————— Symantec (SYMC.O)      RBC               Cuts price target to $18 from $21;
                                       rating sector perform  ———————————————————————————————-  —————— Travelers Companies    Sandler O’Neill   Cuts price target to $55 from  (TRV.N)                                  $59; rating buy  ———————————————————————————————-  —————— T Rowe Price (TROW.O)  Jefferies         Cuts price target to $52 from $60;
                                       keeps hold rating
                     Sandler O’Neill   Cuts price target by $6 to
                                       $41; rating sell  ———————————————————————————————-  —————— United States          Goldman Sachs     Cuts to neutral from buy  Steel Corp (X.N)                         reports theflyonthewall.com  ———————————————————————————————-  —————— United Technologies    S&P Equity        Cuts price target by $15 to  (UTX.N)                                  $60; rating buy  ———————————————————————————————-  —————— Verizon                JP Morgan         Cuts price target to $39 from $43;  Communications (VZ.N)                    rating overweight  ———————————————————————————————-  —————— Wal-Mart Stores        S&P Equity        Raises to strong buy from buy  (WMT.N)                Research  ———————————————————————————————-  —————— Walt Disney (DIS.N)    Citigroup         Cuts price target to $24 from
                                       $29; rating sell  ———————————————————————————————-  —————— WW Grainger (GWW.N)    Baird             Raises to outperform from neutral
[ID:nBNG10715]  ———————————————————————————————-  —————— XL Capital XL.N      Sandler O’Neill   Cuts price target to $18 from
                                       $22; rating buy  ———————————————————————————————-  —————— Yahoo Inc YHOO.O     UBS               Cuts price target to $20 from
                                       $28; rating buy  ———————————————————————————————-  —————— ((Compiled by Ramya Dilip; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)) 

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