Tuesday, July 10, 2012

Upgrades, Downgrades and Target Changes - Jul 10 2012


Company

Rating/Target Change

Argex Mining Inc

Mackie Research starts with speculative buy; price target C$3.10

Baja Mining

Raymond James cuts price target to C$0.40 from C$0.45

Capstone Mining

Raymond James cuts target to C$3.75 from C$4; rating outperform

Domtar Corp

RBC cuts to outperform from top pick;RBC cuts price target to $105 from $115

Genivar Inc

NBF resumes coverage with outperform; price target C$27

Hana Mining Ltd

Raymond James cuts price target to C$1.50 from C$1.65

Inmet Mining Corp

Raymond James cuts price target to C$73 from C$79

Legacy Oil + Gas

NBF resumes coverage with outperform; price target C$11

Lumina Copper Corp

Raymond James cuts price target to C$22 from C$24;

Lundin Mining Corp

Raymond James cuts price target to C$5.25 from C$5.75

North American Palladium

Macquarie cuts target to C$4.50 from C$5.50; outperform

North American Palladium

CIBC cuts price target to C$2.75 from C$3.75

North American Palladium

Raymond James cuts price target to C$3.75 from C$4.50

Petrobakken Energy

Barclays cuts target to C$20 from C$21; rating overweight

First Quantum Minerals

Raymond James cuts price target to C$19 from C$21

Tahoe Resources

UBS cuts price target to C$21.5 from C$29.5; rating buy

Thompson Creek Metals Company

UBS cuts price target to C$5.50 from C$7.25









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