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RESEARCH ALERT-Credit Suisse cuts Pengrowth Energy to underperform

Oct 12 (Reuters) - :

* Credit Suisse cuts Pengrowth Energy Corp to underperform from

neutral; cuts price target to C$6.50 from C$8

* Credit Suisse raises ARC Resources Ltd price target to C$28 from

C$27

* Credit Suisse raises Baytex Energy Corp price target to C$57 from

C$50

* Credit Suisse cuts Petrobakken Energy Ltd price target to C$18 from

C$19

* Credit Suisse raises Vermilion Energy Inc price target to C$54 from

C$53

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