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Genzyme Corp (NasdaqNM:GENZ)       Last updated January 17, 2003

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Craig C. Parker .......... Lehman Brothers........January 17, 2003

Upgraded to EQUAL WEIGHT/POSITIVE from UNDERWEIGHT/POSITIVE

Price Target raised to $36.00 from $17.00

GENZ Price day before: $36.01Finish day of posting:$35.41Current:$35.41

----------September 24, 2002-----------   

New UNDERWEIGHT/POSITIVE

Price Target $17.00

GENZ Price day before: $20.18Finish day of posting:$20.71Current:$35.41

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J William Tanner ............ Leerink Swann........January 16, 2003

Upgraded to PEER PERFORM from UNDER PERFORM

GENZ Price day before: $35.11Finish day of posting:$36.01Current:$35.41

--------September 04, 2002---------   

New UNDER PERFORM

GENZ Price day before: $19.90Finish day of posting:$20.54Current:$35.41

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Jennifer M Chao .........Leerink Swann........April 29, 2002   

Reiterated BUY

Price Target $70.00

GENZ Price day before: $39.12Finish day of posting:$38.65Current:$35.41

---------------April 18, 2002--------------

Reiterated BUY

Price Target $70.00

GENZ Price day before: $41.99Finish day of posting:$41.86Current:$35.41

--------------March 08, 2002--------------

Reiterated BUY

Price Target $70.00

GENZ Price day before: $45.01Finish day of posting:$46.38Current:$35.41

--------------February 05, 2002--------------

New BUY

Price Target $70.00

GENZ Price day before: $44.04Finish day of posting:$43.69Current:$35.41

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Ronald C Renaud .........Bear, Stearns................January 15, 2003

Upgraded to PEER PERFORM from UNDERPERFORM

GENZ Price day before: $32.61Finish day of posting:$35.11Current:$35.41

---------April 18, 2002-------------   

Downgraded to NEUTRAL from ATTRACTIVE

GENZ Price day before: $41.99Finish day of posting:$41.86Current:$35.41

----------March 28, 2002------------

Reiterated ATTRACTIVE

Price Target $65.00

GENZ Price day before: $43.37Finish day of posting:$43.67Current:$35.41

----------January 08, 2002------------

Reiterated ATTRACTIVE

GENZ Price day before: $53.72Finish day of posting:$53.41Current:$35.41

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Christopher J Raymond ...... Robert W. Baird....December 04, 2002

New NEUTRAL

Price Target $38.00

GENZ Price day before: $36.20Finish day of posting:$34.60Current:$35.41

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Mark E. Augustine ....... Credit Suisse First Boston....December 02, 2002

Upgraded to OUTPERFORM from NEUTRAL

Price Target raised to $40.00 from $26.00

GENZ Price day before: $32.80Finish day of posting:$35.24Current:$35.41

-----------September 24, 2002------------   

New NEUTRAL

Price Target $26.00 (Hit Target October 15, 2002)

GENZ Price day before: $20.18Finish day of posting:$20.71Current:$35.41

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Michael G King Jr ................. Banc of America....October 15, 2002   

New MARKET PERFORM

GENZ Price day before: $24.78Finish day of posting:$24.76Current:$35.41

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Thomas E Shrader .......... Gerard Klauer Mattison....September 24, 2002   

New NEUTRAL

GENZ Price day before: $20.18Finish day of posting:$20.71Current:$35.41

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Jennifer M Chao ....... RBC Capital Markets........August 13, 2002   

New SECTOR PERFORM

Price Target $28.00 (Hit Target October 17, 2002)

GENZ Price day before: $23.44Finish day of posting:$21.59Current:$35.41

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John S Sonnier ........... Prudential Securities................July 10, 2002   

Maintained BUY

Price Target: reduced to $32.00 from $35.00 (Hit Target November 27, 2002)

GENZ Price day before: $18.19Finish day of posting:$16.88Current:$35.41

-----------------April 18, 2002------------

Reiterated BUY

Price Target: $60.00

GENZ Price day before: $41.99Finish day of posting:$41.86Current:$35.41

----------------March 28, 2002-----------

Reiterated BUY

Price Target: $60.00

GENZ Price day before: $43.37Finish day of posting:$43.67Current:$35.41

----------------March 01, 2002-----------

Reiterated BUY

Price Target: $60.00                                                                             

GENZ Price day before: $44.38Finish day of posting:$44.47Current:$35.41

----------------February 21, 2002-----------

Reiterated BUY

Price Target: $60.00

GENZ Price day before: $47.09Finish day of posting:$44.96Current:$35.41

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Steven P Delco ....................... Fortis Bank................June 25, 2002   

Upgraded to BUY from ACCUMULATE

GENZ Price day before: $19.26Finish day of posting:$18.96Current:$35.41

--------------April 29, 2002----------

New ACCUMULATE

Price Target $56.00

GENZ Price day before: $39.12Finish day of posting:$38.65Current:$35.41

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Elise T Wang .......... Salomon Smith Barney................June 20, 2002   

Downgraded to OUTPERFORM from BUY

Price Target reduced to $31.00 from $70.00 (Hit Target November 21, 2002)

EPS est reduced 2002 to$1.18from$1.38...2003 to$1.55from$1.82

GENZ Price day before: $25.87Finish day of posting:$19.70Current:$35.41

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Meirav Chovav .................UBS Warburg.......................June 20, 2002   

Reiterated BUY

Price Target: $34.00 (Hit Target December 02, 2002)

EPS est reduced 2002 to$1.20from$1.39...2003 to$1.50from$1.67

GENZ Price day before: $25.87Finish day of posting:$19.70Current:$35.41

------------June 18, 2002--------------

New BUY

Price Target: $34.00 (Hit Target December 02, 2002)

GENZ Price day before: $27.62Finish day of posting:$26.91Current:$35.41

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Geoffrey E Harris ........ UBS Warburg.................March 28, 2002   

Downgraded to BUY from STRONG BUY

GENZ Price day before: $43.37Finish day of posting:$43.67Current:$35.41

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J William Tanner .............. SG Cowen................April 18, 2002   

Maintained STRONG BUY

GENZ Price day before: $41.99Finish day of posting:$41.86Current:$35.41

--------------January 28, 2002--------------

Downgraded to BUY from STRONG BUY

Price Target $70.00

GENZ Price day before: $48.66Finish day of posting:$47.21Current:$35.41

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Jason Kroll .......... H&R Block Financial................April 17, 2002   

Downgraded to ACCUMULATE from BUY

GENZ Price day before: $44.18Finish day of posting:$41.99Current:$35.41

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Meirav Chovav ......Credit Suisse First Boston...........March 28, 2002   

Downgraded to BUY from STRONG BUY

GENZ Price day before: $43.37Finish day of posting:$43.67Current:$35.41

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Eric M Hecht ...................... Merrill Lynch...........March 27, 2002   

Downgraded to BUY from STRONG BUY (near term)

GENZ Price day before: $48.79Finish day of posting:$43.37Current:$35.41

----------------February 06, 2002-----------

Reiterated STRONG BUY (near term)

Price Target: $60.00

GENZ Price day before: $43.69Finish day of posting:$41.34Current:$35.41

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Michael G King Jr ....... Robertson Stephens...........January 09, 2002   

Reiterated BUY

Price Target $65.00

GENZ Price day before: $53.41Finish day of posting:$52.40Current:$35.41

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Mark E. Augustine ..... U.S. Bancorp Piper Jaffray...........January 02, 2002   

Downgraded to MARKET PERFORM from OUTPERFORM

GENZ Price day before: $59.86Finish day of posting:$56.48Current:$35.41

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