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Friday, July 29, 2011

Cisco (CSCO) (ARLP) (CAVM) (CP) (GPS) (JCP) (MBLX) Upgraded

Cisco Systems, Inc. (NASDAQ: CSCO), Alliance Resource (NASDAQ: ARLP), Cavium Networks, Inc. (NASDAQ: CAVM), Canadian Pacific Railway Limited (NYSE: CP), The Gap Inc. (NYSE: GPS), J.C. Penney Company, Inc. (NYSE: JCP) and Metabolix Inc (NASDAQ: MBLX) upgraded by analysts.

Alliance Resource (ARLP) was upgraded by Wells Fargo & Co. (NYSE:WFC) from an “Underperform” rating to a “Market Perform” rating.

Cavium Networks, Inc. (CAVM) was upgraded by Gleacher & Co. to a “Buy” rating.

Canadian Pacific Railway Limited (CP) was upgraded by RBC Capital from an “Outperform” rating to a “Top Pick” Rating. They have a $73.00 price target on the company, up from $72.00.

Cisco Systems, Inc. (CSCO) was upgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Buy” rating. They have a price target of $21.00 on the company.

The Gap Inc. (GPS) was upgraded by Jefferies (NYSE:JEF) from a “Hold” rating to a “Buy” rating. They have a price target of $25.00 on the company.

J.C. Penney Company, Inc. (JCP) was upgraded by CRT Capital to a “Buy” rating.

Metabolix Inc. (MBLX) was upgraded by Ardour Capital from a “Sell” rating to a “Reduce” rating. They have a price target of $5.00 on the company, down from $6.00.

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