Wednesday, February 29, 2012

Upgrades, Downgrades and Target Changes - Feb 29 2012


Company

Ticker

Rating/Target Change


Bank of Montreal

BMO

 cuts price target to C$62 from C$63

CIBC

Bellatrix Exploration Ltd

BXE

 raises price target to C$7.50 from C$7

CIBC

 Calfrac Well Services Ltd

CFW

raises price target to C$42 from C$40

CIBC

Eldorado Gold

ELD

 raises price target to $19 from $17; rating hold

Canaccord genuity

Imperial Metals

III

 cuts target to C$22 from C$23; rating buy

Canaccord Genuity

Lake Shore Gold

LSG

 cuts price target to C$2.70 from C$3

RBC


LSG

 cuts target to C$2.05 from C$2.20; rating hold

Canaccord genuity

MDA

MDA

 cuts price target to C$47.50 from C$48.50

CIBC

Morguard Real Estate Investment

MRT.UN

 raises price target to C$18 from C$17.50

RBC

Parkland Fuel Corp

PKI

 raises target price to C$14 from C$12.50

Canaccord Genuity

SNC Lavalin Group

SNC

cuts price target to C$53 from C$64

CIBC


SNC

 cuts target to C$58 from C$64; rating buy

Canaccord Genuity

TeraGo Inc

TGO

raises price target to C$11.50 from C$11

CIBC

Thompson Creek

TCM

cuts price target to C$13 from C$14

CIBC


TCM

cuts target to C$9.75 from C$10.75; rating hold

Canaccord genuity










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