Tuesday, February 28, 2012

Upgrades, Downgrades and Target Changes - Feb 28 2012


Company

Ticker

Rating/Target Change


Aurizon Mines Ltd

ARZ

cuts target price to C$8 from C$8.75

Dundee

Barrick Gold Corp

ABX

cuts price target to C$65 from C$68

Canaccord Genuity

Cameco Corp

CCO

 raises price target to C$30 from C$27

Canaccord Genuity

Cargojet Inc

CJT

 raises price target to C$9 from C$8.50

RBC

Eastern Platinum

ELR

cuts to equal weight from overweight

ABSA Capital

Enerplus Corp

ERF

 cuts price target to C$26.5 from C$28

UBS

Gran Tierra Energy Inc

GTE

raises price target to C$7.15 from C$6.90

CIBC

Guestlogix Inc

GXI

 cuts price target to C$1 from C$1.50

Paradigm Capital


GXI

cuts to hold from buy

LB Securities


GXI

 cuts to speculative buy from buy

Versant

Guyana Goldfields Inc

GUY

cuts price target to C$8.5 from C$11.25

UBS

IAMGOLD

IMG

cuts price target to $23 from $27.5

UBS

La Mancha Resources

LMA

raises target price by 15 percent to C$4.50

Collins Stewart

Midway Energy

MEL

resumes coverage with outperform, price target of C$5.50

BMO

Onex Corp

OCX

 raises target price to C$41.25 from C$39

BMO









Petrominerales Ltda

PMG

 cuts price target to C$35 from C$38.50

Canaccord Genuity


PMG

cuts price target to C$40 from C$35

RBC


PMG

cuts price target to C$24 from C$32

TD Securities


PMG

 cuts target price to C$23 from C$29

BMO


PMG

 cuts to sell from buy

UBS


PMG

 cuts price target to C$27.75 from C$30

Dundee


PMG

cuts price target by C$3 to C$33

Haywood

Rainy River Resources Ltd

RR

raises price target to C$11 from C$10

CIBC

Thompson Creek Metals Co Inc

TCM

 cuts to hold from buy

TD Securities


TCM

cuts price target to C$12.50 from C$14.70

Desjardins

TransCanada Corp

TRP

raises price target to C$44 from C$43

Canaccord Genuity


TRP

cuts to hold from buy

TD Securities

Viterra Inc

VT

 raises to buy from hold

TD Securities


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