Analyst Upgrades & Downgrades for Monday, July 31, 2006

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 |  Includes: AAPL, AEGN, ARRS, AYE, BBG, BTRX, CDI, CENX, CRS, CVX, EQ, EXP, IMBBY, INTU, KVHI, LEA, ME, NT, PD, PENN, PRST, PSUN, RMBS, RNOW, RRC, SFG, SLM, SPIL, SPSN, TFSM, VLY, VOL, WCG, WDC, WITS, XOM
by: Robert Zenilman

The following analyst upgrades/downgrades have been reported as of 9 AM

Upgrades:

Company/ From/ Jul 28
Ticker Brokerage To Close
(NASDAQ:AAPL) Apple Computer Inc. Neutral $65.59
Banc of America Sec Buy
(NASDAQ:ARRS) Arris Group Inc. Buy $10.10
Matrix Research Strong Buy
(OTC:BTRX) Barrier Therapeutics Inc. Hold $6.80
Roth Capital Buy
(NYSE:CDI) CDI Corp. Sell $18.50
Matrix Research Hold
(NYSE:CRS) Carpenter Technology Corp. Hold $93.48
KeyBanc Capital Mkts / McDonald Buy
(EQ) Embarq Corp. Underweight $44.34
JP Morgan Neutral
(INSU) Insituform Technologies Inc. Hold $20.28
Morgan Joseph Buy
(NASDAQ:KVHI) KVH Industries Inc. Neutral $11.17
Cowen & Co Outperform
(NYSE:LEA) Lear Corp. Sell $22.82
Citigroup Hold
(PD) Phelps Dodge Corp. Underweight $81.50
Prudential Overweight
(NASDAQ:PENN) Penn National Gaming Inc. Hold $33.43
Matrix Research Buy
(NASDAQ:PRST) Presstek Inc. Sell $7.90
Matrix Research Hold
(NASDAQ:RMBS) Rambus Inc. Hold $15.65
BWS Financial Buy
(NASDAQ:RNOW) Rightnow Technologies Inc. Neutral $12.15
Robert W. Baird Outperform
(NYSE:RRC) Range Resources Corp. Buy $26.75
First Albany Strong Buy
(NYSE:SFG) StanCorp Financial Group Inc. Equal-weight $42.74
Morgan Stanley Overweight
(SNDK) SanDisk Corp. Sector Perform $47.14
CIBC Wrld Mkts Sector Outperform
(NASDAQ:SPIL) SPI Lasers Plc Neutral $157.00
Goldman Sachs Buy
(TFSM) 24/7 Real Media Inc. Market Perform $7.15
Piper Jaffray Outperform
(VOL) Volt Information Sciences Inc. Sell $40.84
Matrix Research Hold
(WITS) Witness Systems Inc. Market Perform $15.71
CE Unterberg Towbin Buy
(NYSE:XOM) Exxon Mobil Corp. Neutral $67.00
JP Morgan Overweight
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Downgrades:

Company/ From/ Jul 28
Ticker Brokerage To Close
(AYE) Allegheny Energy Inc. Outperform $41.24
Credit Suisse Neutral
(NYSE:BBG) Bill Barrett Corp. Buy $30.06
Goldman Sachs Neutral
(NASDAQ:CENX) Century Aluminum Co. Overweight $32.35
Morgan Stanley Underweight
(NYSE:CVX) Chevron Corp. Overweight $66.05
JP Morgan Neutral
(NYSE:EXP) Eagle Materials Inc. Buy $37.56
BB&T Capital Mkts Hold
(NASDAQ:INTU) Intuit Inc. Overweight $31.15
First Analysis Sec Equal-Weight
(ITY) Imperial Tobacco Group plc Buy $65.69
UBS Neutral
(LEA) Lear Corp. Outperform $22.82
Credit Suisse Neutral
(NT) Nortel Networks Corp. Outperform $1.97
Robert W. Baird Neutral
(NASDAQ:PSUN) Pacific Sunwear of California Inc. Buy $17.17
BB&T Capital Mkts Hold
(NYSE:VLY) Valley National Bancorp Mkt Perform $27.00
Ryan, Beck & Co Underperform
(NYSE:WCG) Wellcare Health Plans Inc. Buy $49.10
Goldman Sachs Neutral
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Coverage Inititated:

Company/ Jul 28
Ticker Brokerage Rating Close
(ME) Mariner Energy Inc. Buy $17.32
Goldman Sachs
(NASDAQ:SLM) SLM Corp. Overweight $50.00
Prudential
(SPSN) Spansion Inc. Buy $13.96
UBS
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Data: Briefing.com, CapitalIQ