Tuesday, December 11, 2012

Upgrades, Downgrades and Target Changes - Dec 11 2012

Company Rating/Target Change
Alderon Iron Ore Raymond James cuts target to C$3.25 from C$3.70
Cash Store Financial Services Stonecap Securities cuts target to C$2 from C$4
Eagle Energy Trust TD Securities cuts target to C$9 from C$11; rating hold
Enerplus CIBC cuts target to C$14.50 from C$15; rating sector underperformer
Enerplus UBS cuts target price to C$18 from C$20; rating buy
George Weston CIBC raises price target to C$76 from C$68; rating sector performer
George Weston BMO raises target price to C$71 from C$66; rating market perform
Mediagrif Interactive Acumen Capital ups target to C$20.60 from C$19.10
Meg Energy Corp  Canaccord Genuity cuts target by 6 percent to C$47; rating buy
Meg Energy Corp TD Securities cuts target price to C$48 from C$51; rating buy
Meg Energy Corp UBS cuts target price to C$56 from C$62; rating buy
Precision Drilling RBC raises target price to C$10 from C$9.50
Precision Drilling PI Financial cuts price target to C$9.75 from C$10.50
Redline Communications Cantor Fitzgerald starts with buy; target of C$7.50
Strad Energy  Paradigm Capital cuts target to C$5.50 from C$6; rating buy
Stonegate Agricom Stonecap Securities ups target to C$1.65 from C$1.50
Surge Energy CIBC cuts target to C$9 from C$9.50; rating sector outperformer
Surge Energy BMO cuts target price to C$7.50 from C$8; rating outperform
Veresen Inc CIBC cuts target to C$13.50 from C$13.75; rating sector performer
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