Friday, September 7, 2012

Upgrades, Downgrades and Target Changes - Sep 7 2012


Company

Rating/Target Change

AGF Management

Barclays raises to equal weight from underweight ; raises price target to C$13 from
C$11

Bonavista Energy Corp

Raymond James cuts price target to C$16.50 from C$17

COM DEV International

Canaccord Genuity raises target price to C$3.75 from $3.50

Great Basin Gold Ltd

RBC cuts target to C$0.25 from C$0.26; rating underperform

Harry Winston Diamond

RBC cuts price target to $21 from $23; rating outperform

MAG Silver

Canaccord Genuity ups target to C$17 from C$16; rates speculative buy

Major Drilling Group

RBC cuts target to C$14 from C$17; rating outperform

Major Drilling Group

Paradigm cuts price target to C$22 from C$26; rating buy

Niko Resources

Macquarie cuts target to C$16.50 from C$18; rating underperform

Nordion Inc

Canaccord Genuity cuts target price to $13 from $13.50; rating buy

Nordion Inc

Paradigm Capital cuts to hold from buy

North West Company

CIBC ups target to C$24 from C$22; rating sector performer

North West Company

TD raises traget price to $24 from $23

Open Text

TD raises traget price to US$70 from US$65

San Gold Corp

National Bank Financial raises price target to C$2.30 from C$1.50

Teck Resources

Dahlman Rose cuts to hold from buy

Transcontinental

 CIBC cuts target to C$12 from C$13; rating sector outperformer

Transcontinental

Canaccord Genuity cuts price target to C$10 from C$15.20

Transcontinental

TD cuts traget price to $11 from $10

Valeant Pharmaceuticals

Jefferies raises price target to $77 from $63; rating buy











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