Notable Analyst Rating Changes 04/11: (MPEL) (BAC) (APKT) Upgraded; (ERT) (PLCM) (NTAP) Downgraded

UPGRADES
Goldman Sachs boosts Melco Crown Enter. (Nasdaq: MPEL) from Neutral to Buy with a price target of $17.10 (up from $12.70).

Guggenheim raises Bank of America (NYSE: BAC) from Neutral to Buy.

Barclays upgrades Acme Packet (Nasdaq: APKT) from Equalweight to Overweight, its price target moves from $24 to $33.

UBS lifts Telefonica S.A. (NYSE: TEF) from Sell to Neutral.

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DOWNGRADES
eResearch Technology (Nasdaq: ERT) cut by two firms today:

• Benchmark from Buy to Hold with a price target of $8. Click Here for more color; and
  
  
• Citi from Buy to Neutral.

Barclays trims Polycom (Nasdaq: PLCM) from Overweight to Equalweight, its price target lowered from $24 to $15.

FBN Securities lowers NetApp (Nasdaq: NTAP) from Outperform to Sector Perform, price target lowered from $50 to $45.

Needham & Company downgrades GameStop (NYSE: GME) from Buy to Hold. Click Here for more color.

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NEW COVERAGE
Yelp (NYSE: YELP) started by several firms Wednesday:

• Goldman Sachs at Neutral rating and $26 price target. Click Here for more color.;
  
  
• Citi with a Neutral and $28 price target;
  
  
• Oppenheimer with a Perform rating and $23 price target. Click Here for more color; and
  
  
• Jefferies at Hold and $23 target. Click Here for more color.

Goldman Sachs resumes Fifth Third Bancorp (Nasdaq: FITB) with a Buy and $16 price target. Click Here for more color.

KeyBanc begins Sealed Air (NYSE: SEE) with a Hold. Click Here for more color.

Raymond James starts Alcatel-Lucent (NYSE: ALU) with a Strong Buy.

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