Saturday, January 21, 2012

Upgrades, Downgrades and Target Changes - Jan 20 2012


Company

Ticker

Rating/Target Change


ATS Automation Tooling Systems INc

ATA

Rating change from Sector perform to Secor Outperform

Scotia Capital

Bonavista Energy Corp

BNP

target cut to C$29 from C$30

Canaccord

Centerra Gold Inc

CG

cut to C$24 from C$25

Canaccord

Cominar REIT

CUF.UN

Target raised to $25

Scotia

Cogeco Cable Inc

CCA

increased to $54 from $53

Scotia

Delphi Energy Corp

DEE

raised to buy from hold; price target raised to C$3 from C$2.25

Canaccord

IBG Group

IBG

Rating Change from Sector Outperform to Sector Perform

Scotia Capital

Nuvista Energy Ltd

NVA

price target raised to C$6.75 from C$6.25

Canaccord

North American Palladium

PAL.A

Rating Change from Sector Outperform to Sector Perform

Scotia Capital

Rating Change from Sector Outperform to Sector Perform

PDL

Rating Change from Sector Outperform to Sector Perform

Scotia Capital

Paramount Resource Ltd

POU

price target cut to C$44 from C$48

Canaccord





Petrobakken Energy

PBN

price target raised to C$18 from C$16

Barclays


PBN

price target raised to C$21 from C$18

Canaccord

Viterra Inc

VT

Rating Change from Sector Outperform to Sector Perform

ScotiaBank
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