Thursday, January 10, 2013

Upgrades, Downgrades and Target Changes - Jan 10 2013

Company Rating/Target Change
Absolute Software Cantor Fitzgerald ups target to C$6.50 from C$6; rating buy
Angle Energy Haywood cuts target price by C$1 to C$5; rating sector outperform
Angle Energy Inc CIBC cuts to sector perform from sector outperform ;cuts target price to $4 from $5.50
Alamos Gold Inc RBC cuts target price to C$23 from C$25; rating outperform
Alderon Iron Ore Corp CIBC cuts target to C$4.50 from C$5.20
Alderon Iron Ore Corp Paradigm Capital raises target price to C$4 from C$3.75
Alderon Iron Ore Corp Fraser Mackenzie cuts target price to C$3 from C$5.75
Bonavista Energy Corp National Bank Financial cuts target to C$15 from C$19
Bonavista Energy Corp Canaccord Genuity cuts target to C$18 from C$20
Bonavista Energy Corp RBC cuts target to C$16 from C$17; rating sector perform
Bonavista Energy Corp CIBC cuts price target to C$16 from C$22
Canadian National Railway National Bank Financial ups target to C$96 from C$88
Canadian Pacific Railway National Bank Financial ups target to C$103 from C$84
Cineplex Inc TD Securities raises target price to C$30 from C$29; rating hold
Contrans Group Inc CIBC raises target price to C$11.75 from C$11
Denison Mines Corp Raymond James raises to outperform from market perform ;Raymond James raises price target to C$1.80 from C$1.60
Eldorado Gold TD Securities cuts target price to C$18.50 from C$20
Hudbay Minerals Inc Canaccord Genuity raises target to C$11.50 from C$10.50
Hudbay Minerals Inc UBS cuts to neutral from buy; target to C$11.50 from C$12
Mullen Group Ltd CIBC raises to sector performer from sector underperformer
Morguard N.S. Residential Dundee Capital raises target to C$12.50 from C$12
Penn West Petroleum Ltd Barclays cuts target price to C$12 from C$13
TransForce Inc CIBC raises target price to C$24.50 from C$21.00
Penn West Petroleum Ltd National Bank Financial cuts target to C$12 from C$14
TransCanada Corp UBS raises target price to C$52 from C$50; rating
TransCanada Corp CIBC raises target price to C$49.50 from C$46.50
First Majestic Silver Corp Raymond James cuts target price to C$25.50 from C$26
First National Financial Corp TD Securities cuts to hold from buy
MDA Raymond James raises target price to C$63 from C$60; rating market perform
MDA RBC raises target price to C$70 from C$67; rating outperform
Parex Resources Inc Salman Partners raises target to C$7 from C$6.80; rating buy
Parex Resources Inc Dundee Capital ups target to C$8.75 from C$8.50; rating buy
Shaw Communications Inc TD Securities raises target price to C$26 from C$25
Shaw Communications Inc Stifel cuts to hold from buy
Shaw Communications Inc UBS raises target price to C$23 from C$21.50
Talisman Energy Inc UBS cuts to neutral from buy
TransForce Inc CIBC raises target price to C$24.50 from C$21.00
Vermilion Energy Inc UBS cuts to neutral from buy
Yamana Gold Inc Dundee Capital cuts price target to C$19 from C$21; rating buy
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