US RESEARCH SUMMARY-Non-S&P 500 Jan 23 2141 GMT

Following is a summary of research actions on non-S&P 500 companies reported by Reuters on Friday. Stock entries are in alphabetical order. For a summary of research on S&P 500 companies, double click on [RCH/US]. For a summary of research on Canadian companies, double click on [RCH/CA]. --------------------------------------------------------------- ------------ STOCK RESEARCH BY ACTION AK Steel (AKS.N) Goldman Sachs Removes from americas conviction

buy list on valuation; keeps buy

rating --------------------------------------------------------------- ------------ AMR Corp (AMR.N) UBS Cuts price target to $12 from $20 --------------------------------------------------------------- ------------ American Axle (AXL.N) S&P Equity Cuts price target by $1 to $3; keeps

Research hold rating --------------------------------------------------------------- ------------ Arch Coal (ACI.N) Caris Cuts price target to $16 from $25;

keeps below average rating --------------------------------------------------------------- ------------ Associated Banc-Corp Fox-Pitt Cuts price target to $15 from $17; (ASBC.O) keeps in line rating --------------------------------------------------------------- ------------ Atheros Communications Needham Cuts price target to $16 from $18; (ATHR.O) rating buy --------------------------------------------------------------- ------------ Avnet Inc (AVT.N) Credit Suisse Raises price target to $18 from $17 --------------------------------------------------------------- ------------ Bottomline Needham Cuts price target to $9 from $12; Technologies (EPAY.O) rating buy --------------------------------------------------------------- ------------ Bill Barrett (BBG.N) Raymond James Raises to market perform from

underperform --------------------------------------------------------------- ------------ Canadian National Stifel Cuts price target to $47 from $52; Railway (CNI.N)

rating buy

Credit Suisse Cuts target price to $40 from $42 --------------------------------------------------------------- ------------ Casual Male Retail Susquehanna Cuts price target to $2 from $3; (CMRG.O) rating positive --------------------------------------------------------------- ------------ Cavium Networks Needham Cuts price target to $15 from $16; (CAVM.O) rating buy --------------------------------------------------------------- ------------ Clear Channel Outdoor Caris Raises to below average from sell Holdings Inc (CCO.N) --------------------------------------------------------------- ------------ Chipotle Mexican S&P Equity Downgrades to strong sell from hold (CMG.N) Research --------------------------------------------------------------- ------------ City National Corp Friedman Cuts price target by $13 to $27; (CYN.N) keeps underperform rating

BMO Cuts price target to $30 from $43;

keeps market perform rating

Sandler O'Neill Cuts price target to $36 from $44;

rating hold

S&P Equity Cuts to sell from hold --------------------------------------------------------------- ------------ CME Group (CME.O) JP Morgan Resumes coverage of with

underweight; price target of $145 --------------------------------------------------------------- ------------ Crown Castle Barclays Cuts price target to $26 from $41; International (CCI.N) rating overweight

Citigroup Adds to top picks live list --------------------------------------------------------------- ------------ Dentsply International Barrington Cuts price target to $41 from $46; (XRAY.O) rating outperform --------------------------------------------------------------- ------------ DSW Inc (DSW.N) Barclays Cuts price target to $8 from $12;

rating equal-weight --------------------------------------------------------------- ------------ Exco Resources (XCO.N) Goldman Sachs Raises to buy; adds to Americas

conviction list --------------------------------------------------------------- ------------ Foundation Coal (FCL.N)Caris Cuts price target to $17 from $22;

keeps average rating --------------------------------------------------------------- ------------ Fulton Financial Corp FTN Midwest Raises to neutral from sell on (FULT.O) valuation --------------------------------------------------------------- ------------ Geron Corp (GERN.O) WBB Securities Raises price target to $19 from

$16.50; keeps strong buy rating --------------------------------------------------------------- ------------ GTX Inc (GTXI.O) Lazard Cuts price target to $20 from $28;

rating buy --------------------------------------------------------------- ------------ Highwoods Properties Credit Suisse Raises to outperform from neutral; Inc HIW.N cuts price target to $25 from $26 --------------------------------------------------------------- ------------ Hittite Microwave Needham Cuts price target to $30 from $32; (HITT.O) rating buy --------------------------------------------------------------- ------------ Horizon Lines (HRZ.N) S&P Equity Cuts price target by $1 to $3;

Research reiterates hold rating --------------------------------------------------------------- ------------ Horsehead Holding Canaccord Adams Starts with buy rating and $8 target Corp (ZINC.O) price --------------------------------------------------------------- ------------ Huntsman Corp (HUN.N) Jefferies Cuts price target to $3.25 from

$3.50; rating hold --------------------------------------------------------------- ------------

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