Analyst upgrades:- Merriman upgraded shares of Google (NASDAQ: GOOG) to Buy from Neutral after its channel checks indicated a modest increase in ad spend per client in March. The upgrade is based on early indications that search pricing and ad spend are stabilizing, search volume continuing to grow at a double-digit rate, and Merriman's belief that consensus estimates are now at reasonable levels.
- Deutsche Bank upgraded shares of Alcoa (NYSE: AA) to Hold from Sell and raised its price target to $8 from $7.30 following the company's asset sales in March as it believes the financial overhang on the stock has been removed.
- Suntrust said Providence Service (NASDAQ: PRSC) has returned to profitability through demand stabilization for social services and cost controls. Shares were upgraded to Buy from Neutral.
- Telmex (NYSE: TMX) was upgraded to Neutral from Undeperform at Credit Suisse.
- Deutsche Telekom (NYSE: DT) was raised to Market Perform from Underperform at Bernstein.
- Autodesk (NASDAQ: ADSK) was lifted to Neutral from Sell at UBS.



