Tuesday, December 4, 2012

Upgrades, Downgrades and Target Changes - Dec 4 2012

Company Rating/Target Change
Argent Energy Trust TD Securities starts with hold; price target of C$11.50
Argonaut Gold Inc  RBC starts with outperform rating; price target of C$14
Exco Technologies Canaccord Genuity ups target to C$6.50 from C$6.25;rating buy
Legacy Oil + Gas Inc Raymond James cuts to outperform from strong buy
New Zealand Energy Dundee Capital starts with buy rating; price target of C$3.75
Revett Minerals Stonecap Securities cuts target to C$5.60 from C$6
Saputo BMO raises to outperform from market perform; target to C$55 from C$45
Saputo Canaccord Genuity raises price target to C$49 from C$45; rating hold
Saputo CIBC raises price target to C$50 from C$49; rating sector performer
Saputo RBC raises target price to C$52 from C$48; rating outperform
ShawCor Ltd RBC cuts target price to C$47 from C$50; rating outperform
Sprott Inc M Partners cuts price target to C$4.75 from C$5.25; rating buy
TORC Oil and Gas Ltd CIBC starts with sector outperformer rating; target C$3.50
West Fraser Timber TD Securities ups to buy from hold; target to C$83 from C$65
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