Wednesday, May 23, 2012

Upgrades, Downgrades and Target Changes - May 23 2012

Company Ticker Rating/Target Change
Abitibibowater abh Canaccord Genuity cuts target price to $14 from $25, rating buy
Canadian Apartment Properties REIT CAR.UN NBF resumes coverage with target C$25.25
Cogeco CGO CIBC raises to sector performer from sector underperformer
Eagle Energy Trust EGL.UN CIBC raises price target to C$14.75 from C$12.50
Labrador Iron Mines LIM Canaccord Cuts price target to C$8.25 from C$10, rating buy
Northern Dynasty Minerals NDM Canaccord Genuity cuts to hold rating
Mercer International MRI.UN Canaccord Genuity cuts to hold from buy
Primaris Retail REIT PMZ.UN Canaccord raises target to C$25.75 from C$24, rating buy
Primaris Retail REIT PMZ.UN CIBC raises price target to C$24 from C$23.75
Veresen VSN National Bank Financial raises to sector perform from underperform
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