Full Analyst Research Summary (APR 3, 2007)

ABY cut to Underweight at JPMorgan.
ADLS started as Outperform at Rodman & Renshaw.
AGP raised to Outperform at Wachovia.
ALLT cut to Sector Perform at RBC.
ARBA started as Hold at WR Hambrecht.
BOW cut to Underweight at JPMorgan.
CBI raised to Buy at Goldman Sachs.
CIEN tgt raised to $37 at Credit Suisse.
CNXT started as Hold at Jefferies.

COH cut to Neutral at HSBC.
CROX reitr Overweight at Thomas Weisel.
CSG raised to Neutral at JPMorgan.
DUK reinstated as Neutral at Credit Suisse (maybe yesterday).
EME cut to Neutral at Goldman Sachs.
FFIV raised to Buy at Kaufman.
FWLT raised to Buy at Goldman Sachs.
GSIC cut to Underperform at Bear Stearns.
IPS cut to Sector Perform at CIBC.
KR started as Buy at Citigroup.
LDIS started as Neutral at Merriman Curhan Ford.
LNT cut to Neutral at Baird.
LQDT raised to Outperform at RBC.
MPEL started as Neutral at Goldman Sachs.
MS raised to Buy List at KBW.
MVL started as Buy at Stifel Nicolaus.
MWE cut to Mkt Perform at Wachovia.
NCMI started as Overweight at Thomas Weisel.
NMX started as Outperform at Wachovia.
NOVL cut to Hold at Jefferies.
OEH cut to Hold at Citigroup.
OCNW cut to Hold at Jefferies.
PSO cut to Hold at Stifel Nicolaus.
PVA tgt raised to $85 at Southcoast.
RDWR cut to Sector Perform at RBC.
TRB raised to Neutral at Prudential.
SFLY started as Buy at Cantor Fitzgerald.
SGR cut to Sell at Goldman Sachs.
TAP cut to Mkt Perform at Bernstein.
TCAP started as Buy at BB&T.
TFSM started as Buy at Pacific Growth.
TWC started as Hold at Citigroup.
UTX added to US Focus List at Credit Suisse.
XTEX tgt cut to $39 at Wachovia.
XXIA cut to Sector Perform at RBC.

Jon C. Ogg
April 3, 2007

Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.