Notable Analyst Rating Changes 05/08: (VRTX) (XCO) (EA) Upgraded; (EP) (BP) (AMX) Downgraded

UPGRADES
Vertex (Nasdaq: VRTX) upgraded by three today:

• Morgan Stanley from Underweight to Equalweight;
  
  
• Needham & Company from Hold to Buy with a price target of $65. Click Here for more color; and
  
  
• Wells Fargo from Market Perform to Outperform, its price target range moved from $40 - $44 to $68 - $72. Click Here for more color.

KeyBanc lifts EXCO Resources (NYSE: XCO) from Hold to Buy with a price target of $10. Click Here for more color.

Needham & Company raises Electronic Arts (Nasdaq: EA) from Hold to Buy with a price target of $22. Click Here for more color.

Baird boosts Cognizant Technology Solutions (Nasdaq: CTSH) from Neutral to Outperform with a price target of $76.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES
Atlantic Equities cuts El Paso Corp (NYSE: EP) from Overweight to Underweight, its price target raised from $29 to $31.

Barclays reduces BP (NYSE: BP) from Equalweight to Underweight.

Scotia Capital downgrades America Movil (NYSE: AMX) from Sector Perform to Underperform with a price target of $25.

Leerink Swann lowers Dendreon (Nasdaq: DNDN) from Outperform to Market Perform with a price target of $13. Click Here for more color.

For daily real-time Downgrades go to http://www.streetinsider.com/downgrades

NEW COVERAGE
Millennial Media (NYSE: MM) started by three firms

• Morgan Stanley with a Equalweight and $17 target;
  
  
• Stifel Nicolaus with a Hold;
  
  
• Barclays at Equalweight and $17 target.

ISI Group initiates Pepco Holdings (NYSE: POM) with a Hold and $19.50 target.

Raymond James assumes Accenture plc (NYSE: ACN) with an Outperform and price target of $72.

Raymond James begins Computer Sciences (NYSE: CSC) with a Market Perform.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage

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