Charles River maintained by Jefferies at hold

Charles River Lab International was maintained by Jefferies & Co. Inc. analyst David Windley at a hold rating and a $47.50 price target after the company announced slower growth and forecasted non-GAAP earnings per share of $2.46 to $2.52 compared to Jefferies estimate of $2.59 and consensus estimate of $2.57. Due to uncertainty in a couple of key businesses in the third quarter, the company said it was laying out a conservative projection for 2006. Shares of the Wilmington, Mass., drug development services company were up 26 cents, or 0.61%, at $43.01 on volume of 1,686,400 shares versus the three-month running average of 646,085 shares.

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