Thursday, April 14, 2005

Morning Buy/Sell Recommendations

Goldman Sachs:
- Reiterated Outperform on BSX and Underperform on UIS.

Smith Barney:
- Sees modest EPS upside at TYC, EMR, ROK and CBE.
- Reiterated Buy on NMG/A and JCP.
- Reiterated Buy on LPX, target $33.
- Reiterated Buy on LRCX, target $38.
- Said to Buy Semi Equipment stocks aggressively on pullback.
- Reiterated Buy on ROP, target $79.
- Reiterated Sell on GM, target $24.
- Reiterated Buy on BIIB, target $42.

Merrill Lynch:
- Raised RHI to Buy, target $32.
- Raised GDW to Buy, target $73.
- Raised CFC to Buy, target $43.
- Cut DRL to Sell.

Lehman Brothers:
- Raised STJ to Overweight, target $43.
- Rated SAFC, CB, ALL Overweight and MMC, AOC Underweight.

Oppenheimer:
- Raised BXG to Buy, target $17.
- Rated VLI Buy.
- Rated EPD Buy.
- Rated MMP Buy.

JP Morgan:
- Reiterated Overweight on SBL, NVTL, PTEN.
- Cut BBY to Underweight.

CSFB:
- Raised QCOM to Outperform, target $45.

Bear Stearns:
- Rated KERX Outperform, target $18.

UBS:
- Cut CHIR to Reduce, target $32.
- Cut NWAC to Reduce.

Prudential:
- Raised AMD to Overweight, target $25.
- Rated VFC Overweight.

CIBC:
- Rated OSTK Sector Underperform.
- Rated BIVN Sector Outperform, target $12.
- Raised MNT to Sector Outperform, target $43.

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