MetroPCS (PCS) (PKI) (PRGS) (ELN) (FMCN) (ITC) Upgraded

MetroPCS (NYSE: PCS), PerkinElmer, Inc. (NYSE: PKI), Progress Software (NASDAQ: PRGS), Elan Corp. (NYSE: ELN), Focus Media (NASDAQ: FMCN) and ITC Holdings Corp. (NYSE: ITC) were upgraded by analysts.

MetroPCS (PCS) was upgraded by Mizuho from a “Neutral” rating to a “Buy” rating. They have a price target of $10.50 on the company, up from $8.50.

PerkinElmer, Inc. (PKI) was upgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Buy” rating.

Progress Software (PRGS) was upgraded by Zacks Investment Research from an “Underperform” rating to a “Neutral” rating.

Elan Corp. (ELN) was upgraded by Deutsche Bank (NYSE:DB) from a “Hold” rating to a “Buy” rating.

Focus Media (FMCN) was upgraded by Zacks Investment Research from a “Neutral” rating to an “Outperform” rating.

ITC Holdings Corp. (ITC) was upgraded by Deutsche Bank to a “Buy” rating. They have a price target of $79.00 on the company.