*Compass Point cuts target price to $26 from $30; rating neutral. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
rose 0.17 percent and the Nasdaq Composite Index gained 0.58 percent. **APPLE INC, $442,5, up 3 pct. **TRANSITION THERAPEUTICS INC, $3.27, up 45 pct.
*Announces multi-year realignment plan; company targets more than $100 million. primarily in North America and corporate operations. Lexington, N.C., to a long-time materials supplier.