Yes, there are some errors in the code. Firstly, the parameter 'name' is declared twice. This can cause confusion in the code and should be avoided. Secondly, the '.replace()' method should be assigned to the 'name' variable to store the result. So the code should look like this:

```java
public int test(String name) {
    String message = "Hello $NAME$ how are you doing?";
    name = message.replace("$NAME$", name);
    return name;
}
```
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