Tuesday, January 17, 2012

Upgrades, DownGrades and Target Changes - Jan 17 2012

Company
Ticker
Recommendation

Bonavista Energy
BNP
Target cut to 31.00 from $32.50
CIBC
Canadian Oil Sands Ltd
COS
target raised to C$26 from C$24
CIBC
Cenovus Energy Inc
CVE
target raised to C$43 from C$42
CIBC
Connacher Oil and Gas Ltd
CLL
rating cut to speculative sector performer
CIBC
Enerplus Corp
ERF
rating cut to sector underperformer from sector performer
CIBC


Inmet Mining Corp.
IMN
price target raised to C$82.00 from $80.00
TD
Kinross Gold Corp.
K
price target cut  to US$15.00 from US$18.50
TD
Lundin Mining Corp.
LUN
price target raised to C$6.00 from C$5.00
TD
Mercator Minerals Ltd.
ML
price target cut  to C$3.00 from C$3.75
TD
Nuvista Energy Ltd
NVA
cuts price target to C$9 from C$11.50
CIBC
Paramount Resources Ltd
POU
cuts price target to C$41.50 from C$44
CIBC
Vermilion Energy Inc
VET
price target cut to C$51 from C$52
CIBC
Pembina Pipeline Corp
PPL
rating raised to buy from hold
Canaccord
Uranium One Inc
UUU
price target raised to C$3.60 from C$3.50
Canaccord
Inmet Mining Corp.
IMN
price target cut to C$90.00 from C100.00
Scotia
Mercator Minerals
ML
price target cut to C$4.00 from C4.30
Scotia
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