Thursday, April 26, 2012

Upgrades, Downgrades and Target Changes - Apr 26 2012

Company Ticker Rating/Target Change
Bell Aliant BA CIBC cuts price target to C$27 from C$28; rating sector performer
Boardwalk REIT BEI.UN Canaccord genuity raises price target to C$60.50 from C$55.10
Canfor Pulp Products Inc CFX BMO cuts price target to C$12.50 from C$14
Cenovus Energy CVE CIBC cuts target to C$44 from C$45; rating sector outperformer
Constellation Software Inc CSU RBC raises to top pick from outperform
CGI Group GIB.A Canaccord Genuity raises price target to C$23 from C$22; rating hold
CGI Group GIB.A BMO raises price target to C$25 from C$23; rating outperform
CGI Group GIB.A Raymond James raises target price to C$26.50 from C$25.50
Goldcorp G TD Securities cuts price target to $62 from $65; rating buy
Goldcorp G Macquarie cuts target price to C$58 from C$59; rating outperform
Encana Corp ECA Macquarie raises price target to $4.59 from $4.36; rating neutral
Guyana Goldfields Inc GUY Jennings Capital cuts price target to C$7.25 from C$11.50
InterRent IIP.UN Canaccord genuity raises to buy from hold
Killam Properties KMP Canaccord genuity raises to buy from hold
Mullen Group MTL Raymond James raises to outperform from market perform
Neptune Technologies NTB Rodman Renshaw starts with market outperform rating
New Flyer Industries NFL Canaccord Genuity raises target to C$7.25 from C$6.25
New Zealand Energy Corp NZ Stonecap starts with outperform; target price of C$3.75
Northern Property NPR.UN Canaccord genuity raises target to C$36.80 from C$35.10
Paladin Energy PLB  Haywood Research cuts price target by C$0.40 to C$2.60
Potash Corp POT National Bank Financial cuts to underperform from sector perform
 Sherritt International Corp S Desjardins cuts price target to C$9 from C$9.50
Talisman Energy Inc TLM Raymond James Cuts price target to C$13.50 from C$14
Toromont Industries TIH RBC cuts target to C$25 from C$27; rating sector perform
Toromont Industries TIH TD Securities raises target to C$28 from C$27; rating buy
Toromont Industries TIH Raymond James cuts price target to C$25 from C$27
Transglobe Energy TGL Canaccord genuity raises target price to C$14.25 from C$12.70
Vitran Corp VTN BMO raises target to $9.50 from $8.50; rating market perform
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