Outperform - Price 18.70 on Oct.14 by Barrington Research In our view, BWY remains a value stock, trading at a price/earnings multiple of 13.2 times and enterprise value/earnings before interest, taxes, depreciation and amortization of 5.1 times. Our 27 target [up from 23] equates to a 2010 P/E of 18 times....We feel the North American leader in the manufacture of metal paint cans is well-positioned [to benefit from improving housing-market] trends. Market cap: $355 million.

Outperform - Price 31.93 on Oct. 13 by Boenning & Scattergood Target: 45. We believe CMTL's business will benefit from increased production of [mine-resistant, ambush-protected all-terrain vehicles for military use]. We remain positive on ceiling lifts to blue-force tracking [identifies "friendly forces"] and movement-tracking-system contracts, and new follow-on BFT and MTS awards...and increasing revenues from AeroAstro [an MIT-based educational program for producing next-generation engineering]. CMTL shares trade at an attractive 10 times our [fiscal] 2011 earnings, ex $8.50/share cash, and we believe management will soon deploy its roughly $485 million of idle cash. Market cap: $899 million.

Outperform - Price 47.74 on Oct. 13 by Cowen & Co. Following another "beat-and-raise" quarter, management's tone shifted from cautious to cautiously optimistic, as clients are making spending decisions. The stock continues to screen well for momentum investors looking [for] acceleration [in] revenue and EPS growth... .Flat 2010 [information-technology] budgets could benefit offshore vendors. While 2009 IT budgets declined 6% to 8%, year over year, early indication for 2010 are showing flat y/y IT budgets, noting that offshore budgets are growing faster than overall IT-services budgets. We view the potentially flat y/y budgets in '10, as a positive for offshore [businesses], as clients need to achieve more with the same budgets....INFY is experiencing strong traction in the BFSI [banking, financial-services and insurance] vertical... significant customer wins in India include GE Capital, retail and energy verticals. Market cap: $27.3 billion.

Hold - Price 14.33 on Oct. 14 by Sandler O'Neill Target: 15. We forecast overall [assets under management] to end the quarter at $154 billion, up 16% on strong market gains and solid net inflows. In aggregate, we forecast $1.5 billion of net inflows in 3Q09, down modestly from $1.7 billion in the prior quarter, but a turnaround from the $5 billion of net redemptions a year ago. Unlike in prior cycles, JNS' fixed-income, value, and global/international portfolios are generating the highest organic growth rates, while demand for the firm's legacy growth funds appears more subdued. Less favorably, we suspect net flows at Intech remain negative, given ongoing underperformance across several strategies. Market cap: $2.3 billion.

Market Perform - Price 26.27 on Oct. 14 by Raymond James Recurring 3Q09 EPS was 15 cents, exceeding our estimate of 12 cents and consensus 13 cents, and above the high end of management's guidance....MAR had preannounced [that revenue per available room] fell 19.3%, versus guidance of down 20% to 23%. Better-than-expected fee and owned/leased/corporate income drove the beat....Limited 2010 guidance [sees] RevPAR at flat to minus 5%....Marriott remains fully valued on traditional metrics, trading at 25 times our new '11 EPS [estimate] of $1.05. Market cap: $9.6 billion.

Outperform - Price 32.09 on Oct. 13 by Keefe, Bruyette & Woods We are raising our price target to 36 (from 34), in part to reflect the slight increase to our forecast but also as we fine-tune our valuation. Our price target is 1.2 times our 2010 ending book-value forecast. Our investment thesis for MS continues to be predicated on the transition to a business model with a greater focus on relatively less capital-intensive businesses....Market cap: $43.6 billion.

Buy - Price 24.26 on Oct. 13 by Merriman Curhan Ford [Veeco makes process equipment for the thin-film solar-energy and semiconductor markets, among others.] We're reducing our FY09E-EPS loss from minus 24 cents to minus 22 cents (consensus: minus 26 cents), and raising our FY10 EPS estimate from $1.10 to $1.20 (consensus: 76 cents). We're also introducing a FY11 EPS estimates of $1.55. We believe Veeco is entering a multiyear-growth cycle. Market cap: $764 million.