Wednesday, February 1, 2012

Upgrades, Downgrades and Target Changes - Feb 1 2012


Company

Ticker

Rating/Target Change


Atrium Innovations

ATB

starts coverage with outperform

National Bank

Bank of Montreal

BMO

uts price target to C$65 from from 68.00

Canaccord genuity

Fairborne Energy

FEL

raises price target to C$5.75 from C$5.50

CIBC

Fortress Paper Ltd

FTP

raises price target to C$38 from C$33

RBC

Metro Inc

MRU.A

cuts to sector performer from sector outperformer; CIBC raises price target to
C$55 from C$53

CIBC

Semafo Inc

SMF

cuts price target to C$10 from C$11

RBC

Petrobank Energy

PBG

target price increased from $14.00 to $17.00

Scotia









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