Monday, September 10, 2012

Upgrades, Downgrades and Target Changes - Sep 10 2012



Company

Rating/Target Change

Bell Aliant Inc

CIBC cuts price target to C$26 from C$27; rating sector performer

Canadian Western Bank

CIBC ups target to C$31 from C$30; rating sector performer

Cogeco Cable Inc

CIBC cuts target to C$41 from C$43; rating sector performer

Denison Mines

Raymond James cuts target to C$1.70 from C$1.80

Lululemon

Nomura raises price target to $62 from $55; rating neutral

Manitoba Telecom Services

CIBC cuts target to C$34 from C$37

MBAC Fertilizer Corp

Canaccord Genuity cuts price target to C$4.70; rating buy

Paladin Energy

Raymond James cuts target to C$2 from C$2.20; rating outperform

RBC

CIBC raises price target to C$59 from C$58; rating sector performer

Rogers Communications

CIBC ups target to C$43 from C$42

Shaw Communications

CIBC cuts target to C$22 from C$23

Telus Corp

CIBC raises price target to C$65 from C$61; rating sector performer

Uranium Participation

Raymond James cuts price target to C$7.70 from C$8









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