Packaging Corp PKG

Recommendations for January 24, 2007

[investorbling]

The Bomb

CN Railway Company Precision Railroading Delivers the Results

Price (23-Jan) $53.28 Target Price $60.00

 R. Cousins

Burlington Northern Santa Fe

2007 - First Half Steady State; Second Half, Opportunities

Price (23-Jan) $80.10 Target Price $92.00

R. Cousins

SXR Uranium One

Resuming Coverage: Maintaining Outperform (Speculative) Rating; Target Price Upped to $20

Price (22-Jan) $15.63 Target Price $20.00↑

J. Turner

Packaging Corp. of America Q4/06 Results

Price (22-Jan) $22.27 Target Price $25.00

 S. Atkinson

Duvernay Oil Corp. Operational Update

Price (23-Jan) $33.36 Target Price $38.75

 M. Leggett

Lihir Gold Ltd. ADR Reserves Increased at the Long-Life Mine; Target Increased to $28

Price (23-Jan) $23.71 Target Price $28.00↑

 H. Douglas

Cossette Communication Group Account Momentum Positive for 2007

Price (22-Jan) $12.00 Target Price $15.00

J. Tkachuk

Trilogy Energy Trust Distributions Reduced 38%; 2007 Guidance

Price (23-Jan) $11.01 Target Price $11.00

 G. Tait

Concorde

ADTRAN | Joanna Makris, ADTN : NNM : US$22.98 | US$1,649.9M | Hold

• Looks like the bottom here

Citrix Systems | Peter Misek, CTXS : NNM : US$29.87 | US$5,512.3M | Buy, Target US$40.00

• Solid Q4 results and guidance

Cognex | Jonathan Dorsheimer, CGNS : NNM : US$23.57 | US$1,050.0M | Hold, Target US$23.00 ↓

• Q4 highlights ongoing transition

Diversa | Avinash Kant, Ph.D., DVSA : NNM : US$10.49 | US$ 490.7M | Buy

• Growing adoption of alternative fuel bodes well for Diversa

QLogic | Mark Kelleher, QLGC : NNM : US$20.12 | US$3.234.5M | Buy, Target US$24.00 ↓

• Strong Q3, Q4 not so much

Telvent GIT, S.A. | John Quealy, TLVT : NASDAQ : US$15.45 | US$451.9M | Buy, US$19.00

• Initiating coverage with a BUY