Thursday, February 28, 2013

Upgrades, Downgrades and Target Changes - Feb 28 2013

Company Rating/Target Change
AG Growth International National Bank cuts to underperform from sector perform
Aimia Inc TD Securities raises target price to C$19 from C$18; rating buy
Canadian Apartment Properties REIT Canaccord Genuity ups target to C$28.25 from C$26.50
Canacol Energy TD Securities raises target to C$7.50 from C$7
Canadian Apartment Properties REIT Raymond James ups target to C$26.50 from C$26
Davis + Henderson Corp TD Securities raises to buy from hold ;raises price target to C$25 from C$23
Enbridge Income Fund Holdings National Bank Financial resumes coverage with sector perform rating
Equitable Group Inc BMO raises target price to C$40 from C$36; rating outperform
Equitable Group Inc TD Securities raises target to C$45 from C$40; rating buy
Equitable Group Inc M Partners raises target price to C$48 from C$46; rating buy
Exchange Income Corp Stonecap securities raises target price to C$33 from C$31
First National Financial National Bank Financial ups target to C$19 from C$18
First National Financial BMO ups target to C$18 from C$17; rating market perform
First National Financial TD Securities cuts target price to C$19.50 from C$20
Gibson Energy CIBC raises target to C$25 from C$24.50; rating sector performer
IBI Group  Canaccord Genuity raises to buy from hold; target to C$8.50 from C$7
Industrial Alliance Insurance CIBC cuts target to C$39 from C$41
Major Drilling Group International Inc RBC cuts target price to C$11 from C$13
MDA Raymond James raises target price to C$69 from C$63; rating market perform
Progressive Waste Solutions PI Financial raises target price to C$23 from C$21
Sears Canada Inc Desjardins cuts price target to C$8.50 from C$9; rating hold
Sherritt International Corp CIBC cuts target to C$6.50 from C$6.90
Sherritt International Corp National Bank Financial cuts target to C$6.30 from C$6.75
Sherritt International Corp Desjardins cuts target price to C$7.40from C$8; rating buy
Trican Well Service RBC raises target to C$14 from C$13; rating sector perform
Trican Well Service RBC raises target to C$14 from C$13; rating sector perform
Trican Well Service Canaccord Genuity raises target to C$12.50 from C$10.50
Trican Well Service Paradigm Capital cuts target price to C$15 from C$16
Trican Well Service Raymond James raises target price to C$12 from C$11.50
Twin Butte Energy Canaccord Genuity cuts target to C$3.10 from C$3.15
Twin Butte Energy CIBC cuts target to C$2.65 from C$2.75
Yoho Resources  Paradigm Capital raises target price to C$3.75 from C$3; rating buy
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Wednesday, February 27, 2013

Upgrades, Downgrades and Target Changes - Feb 27 2013

Company Rating/Target Change
Bank of Montreal Canaccord Genuity raises target to C$70 from C$68; rating hold
Bank of Montreal CIBC ups target to C$66 from C$65; rating sector underperformer
Bank of Montreal KBW raises target price by c$1 to c$62; rating market perform
Bank of Montreal RBC raises target to C$66 from C$65; rating sector perform
Bank of Montreal BMO raises target to c$66 from c$64; rating market perform
Bank of Montreal TD Securities raises target to C$66 from C$65; rating hold
Blackpearl Resources Canaccord Genuity cuts target to C$4.50 from C$5.25
Blackpearl Resources  RBC cuts to sector perform from outperform
Calfrac Well Services RBC raises target to C$30 from C$27; rating sector perform
Calfrac Well Services TD Securities cuts price target to C$28 from C$30
Davis + Henderson Corp RBC cuts to sector perform from outperform
EGI Financial Holdings Inc BMO raises target price to c$12 from c$11
Eldorado Gold Mackie Research cuts target to C$13.50 from C$14.55; rating buy
Equitable Group Inc RBC cuts target price to C$45 from C$46; rating outperform
Equitable Group Inc National Bank Financial raises target to C$43 from C$36
First Majestic Silver Corp Raymond James cuts target price to C$24 from C$24.50
Gran Tierra Energy TD Securities cuts target price to C$8.50 from C$9
 IAMGOLD Corp SocGen cuts target price to C$8.40 from C$9.60; rating hold
Linamar Corp RBC raises target price to C$31 from C$29; rating outperform
Maple Leaf Foods  CIBC raises target to C$14 from C$13; rating sector performer
Maple Leaf Foods BMO raises target price to $14 from $13; rating market perform
Maple Leaf Foods TD Securities raises target price to C$17 from C$15; rating buy
MBAC Fertilizer Raymond James cuts target to C$4.25 from C$4.50
New Zealand Energy Dundee Capital cuts target to C$1.10 from C$3.15; rating buy
Parkland Fuel PI Financial cuts target price to C$19 from C$21; rating buy
Parkland Fuel Canaccord Genuity cuts target to C$20.50 from C$21.50; rating buy
Parkland Fuel RBC cuts target price to C$19 from C$20; rating sector perform
Parkland Fuel National Bank Financial cuts target to C$19 from C$20
Parkland Fuel CIBC cuts price target to C$19.50 from C$20.50
Parkland Fuel TD Securities cuts target to C$17 from C$19; rating hold
Plazacorp Retail Properties M Partners raises target price to C$6.25 from C$5.60
Sandstorm Gold Canaccord Genuity cuts target to C$10.75 from C$11
Taseko Mines Dundee Capital starts with buy rating; price target of C$4
TeraGo Inc TD Securities raises target price to C$13 from C$12; rating buy
Trican Well Service TD Securities raises target to C$15.50 from C$14
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Monday, February 25, 2013

Upgrades, Downgrades and Target Changes - Feb 25 2013

Company Rating/Target Change
Centerra Gold Canaccord Genuity cuts to hold from buy ;cuts price target to C$7 from C$15
Conifex Timber Inc RBC cuts target price to C$8 from C$9
Dundee International REIT M Partners raises target to C$12.75 from C$12
Eldorado Gold Haywood cuts target by C$0.50 to C$19.25; rating sector outperform
Essential Energy Services Global Hunter Securities raises to buy from accumulate
Fortress Paper Raymond James ups target to C$13.50 from C$11; rating outperform
Guyana Goldfields  TD Securities cuts target to C$7 from C$10; speculative buy
Iroc Energy Services  Stonecap Securities cuts target price to C$3.10 from C$3.25
Keegan Resources RBC cuts target price to C$3.25 from C$5; rating sector perform
Leisureworld Senior Care Canaccord Genuity raises target to C$14 from C$13.50
Leisureworld Senior Care TD Securities ups target to c$13.50 from c$13;rating hold
Leisureworld Senior Care Dundee Capital raises target to C$13.10 from C$12.70
MDA CIBC raises target price to C$72 from C$66; rating sector outperformer
MDA RBC raises target price to C$78 from C$70; rating outperform
Niko Resources TD Securities raises price target to C$12.50 from C$12
Northland Power TD Securities raises target to C$19 from C$18.50; rating hold
Onex Corp CIBC raises target to C$52.50 from C$45; rating sector outperformer
Onex Corp BMO raises target price to C$49.50 from C$47.25; rating market perform
Onex Corp TD Securities raises target to C$48 from C$46; rating hold
Pan American Silver Canaccord Genuity raises target price to $23.50 from $22
Pason Systems BMO raises target price to C$19 from C$17; rating market perform
Western Energy Services RBC raises target to C$12 from C$10; rating outperform
Western Forest Products RBC ups target to C$1.50 from C$1.40; rating outperform
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Thursday, February 21, 2013

Upgrades, Downgrades and Target Changes - Feb 21 2013

Company Rating/Target Change
Canam Group Inc Raymond James raises target price to C$9 from C$7
Canam Group Inc National Bank Financial raises target price to C$8 from $6.50
Catamaran Cantor Fitzgerald raises target price to C$65 from C$60; rating buy
Horizon North Logistics National Bank Financial cuts target to C$8 from C$8.25
Hudbay Minerals Inc Desjardins cuts target price to C$13.35 from C$13.65
InterRent REIT Canaccord Genuity raises target price to C$7 from C$6.50
Mullen Group Ltd Raymond James cuts to underperform from market perform
Sirius XM Canada RBC raises target price to C$8.50 from C$7; rating outperform
Softchoice Raymond James raises target price to C$16.50 from C$13.50
Thomson Reuters National Bank Financial cuts to underperform from sector perform
Yamana Gold National Bank Financial cuts target to C$20.50 from C$21.50
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Wednesday, February 20, 2013

Upgrades, Downgrades and Target Changes - Feb 20 2013

Company Rating/Target Change
Amica Mature Lifestyles Inc Dundee Capital starts with buy rating
Bank of Nova Scotia Barclays raises to overweight from equal weight; raises price target to C$61 from C$58
Cameco Corp Cantor Fitzgerald starts with buy rating; price target of C$30.50
Cardero Resource Corp BMO starts with outperform
Chartwell Seniors Housing REIT Dundee Capital starts with neutral rating
CIBC Barclays cuts to underweight from equal weight; price target $81
Colonial Coal International BMO starts with market perform
Dundee Precious Metals RBC cuts target price to C$12 from C$13
Energold Drilling Corp TD Securities cuts target price to C$4.25 from C$4.75
Fortress Paper Ltd Canaccord Genuity raises price target to C$11 from C$9
National Bank Of Canada Barclays cuts price target to C$81 from C$82
Geodrill Ltd TD Securities cuts target price to C$2.50 from C$3
Healthlease Properties REIT undee Capital starts with buy rating
Industrial Alliance Insurance Canaccord Genuity cuts target to C$40 from C$42
InterRent REIT Raymond James raises target price to C$6.50 from C$6
Keegan Resources Inc Canaccord Genuity cuts target price to C$5.50 from C$7
Northland Power  Cantor Fitzgerald starts with buy rating; price target of C$20
Parex Resources RBC cuts price target to C$6.50 from C$7.50
Parkland Fuel Corp Canaccord Genuity raises target price to C$21.50 from C$19
Platino Energy Haywood starts with sector outperform rating
RBC Barclays raises to equal weight from underweight;raises price target to C$65 from C$61
Ridgeline Energy Services Mackie Research cuts target price to C$2.30 from C$2.75
Sandstorm Gold Ltd Canaccord Genuity raises price target to C$11 from C$10.75
SNC Lavalin Group Credit Suisse raises target price to $52 from $47
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Tuesday, February 19, 2013

Upgrades, Downgrades and Target Changes - Feb 19 2013

Company Rating/Target Change
Alexco Resource Stonecap Securities raises target price to C$5.80 from C$5.55
Amica Mature Lifestyles Dundee starts with buy rating; target price C$10.85
Bank Of Montreal CIBC raises target price to C$65 from C$63
Bank Of Nova Scotia CIBC raises target price to C$64 from C$63
Burcon Nutrascience Paradigm Capital cuts target price to C$7 from C$17
Canadian Western Bank CIBC raises target price to C$32 from C$31
Canfor Corp Salman Partners raises target price to C$18.75 from C$16.25
Chartwell Seniors Housing Dundee starts with neutral; target price C$11.40
Canadian REIT TD Securities raises target price to C$50 from C$49; rating buy
Dundee Precious Metals BMO cuts target price to C$10.50 from C$11
Enbridge TD Securities raises target price to C$50 from C$48
Encana Corp Raymond James cuts target price to C$20 from C$21.50
Goldcorp Inc Mackie Research cuts target price to C$49 from C$58; rating buy
Healthlease Properties REIT Dundee starts with buy; target price C$12.05
Iamgold Dundee Capital cuts target price to C$10.25 from C$11.50; rating neutral
Industrial Alliance Insurance CIBC raises target price to C$41 from C$35
Industrial Alliance Insurance TD Securities raises target to C$38 from C$34
International Forest Products TD Securities ups target to C$11 from C$10.50
International Forest Products Salman Partners ups target to C$11.50 from C$10
International Minerals TD Securities cuts target price to C$5 from C$6
Killam Properties Inc M Partners raises target price to C$13.50 from C$13
Labrador Iron Mines Paradigm Capital cuts target price to C$1.25 from C$1.50
Labrador Iron Mines Stonecap Securities cuts price target to C$1.75 from C$2.70
Laurentian Bank Of Canada CIBC cuts target price to C$50 from C$51
 Long Run Exploration TD Securities starts with buy rating
Leisureworld Senior Care Dundee starts with neutral rating; target price C$12.70
National Bank Of Canada CIBC raises target price to C$81 from C$80
Orvana Minerals Stonecap Securities raises target price to C$2.10 from C$1.50
 Pizza Pizza Royalty TD Securities raises target price to C$11.50 from C$10.50
RBC CIBC raises target price to C$68 from C$66; rating sector outperformer
Regal Lifestyle Communities Dundee starts with neutral rating;target price C$9.60
Revett Minerals Inc Stonecap Securities raises target price to C$3.35 from C$3
Rogers Communications RBC raises target price to C$51 from C$48
Rogers Communications CIBC raises target price to C$53 from C$50
Rogers Communications National Bank Financial ups target to C$48 from C$46.50
Rogers Communications Stifel raises target price to C$50 from C$46.50
Sandstorm Gold Ltd Canaccord Genuity cuts target price to C$10.75 from C$14
Seabridge Gold Inc Stonecap Securities cuts target price to C$23 from C$24.45
Telus Corp RBC raises target price to C$72 from C$71; rating outperform
Telus Corp CIBC raises target price to C$71 from C$70
Telus Corp National Bank Financial raises target price to C$72 from C$70
West Fraser Timber Co Salman Partners raises price target to C$85 from C$76
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Friday, February 15, 2013

Upgrades, Downgrades and Target Changes - Feb 15 2013

Company Rating/Target Change
Agnico Eagle Mines Salman Partners cuts target price to C$56.00 from C$59.50
Boardwalk REIT Dundee raises target price to C$66.25 from C$64.50
Canfor Pulp Products RBC raises target price to C$9 from C$8
Canfor Pulp Products Salman Partners raises target price to C$12.50 from C$12
CI Financial Canaccord Genuity raises target price to C$29.50 from C$28.50
CI Financial RBC raises price target to C$28 from C$26
CI Financial Barclays raises target price to C$26 from C$24; rating equal weight
Canadian Real Estate Inv. BMO raises target price to C$46
Encana Corp Deutsche Bank cuts price target to C$16 from C$17; rating sell
 Home Capital Group M Partners raises target price to C$72 from C$69; rating buy
Kinross Gold Corp National Bank Financial cuts target to C$12.50 from C$15
Industrial Alliance NBF raises target price to C$37 from C$30
Lundin Mining Corp RBC cuts target price to C$5.75 from C$5.85
Manitoba Telecom Services Canaccord Genuity ups target price to C$30 from C$27
Manitoba Telecom Services National Bank Financial cuts target to C$33 from C$34;
MTY Food Group National Bank Financial raises target price to C$25 from C$21
Neptune Technologies & Bioressources JMP Securities starts with target price C$6
Newalta Corp  RBC cuts target price to C$18 from C$19
Newalta Corp National Bank Financial cuts target price to C$17 from C$19
Penn West Petroleum Salman Partners cuts target price by C$0.50 to C$13.25
Peyto Exploration & Development Corp RBC raises target price to C$28 from C$26
Parex Resources Inc  Dundee cuts target price to C$8.50 from C$9; rating buy
 Precision Drilling RBC raises target price to C$11 from C$10; rating outperform
Silvercorp Metals Salman Partners cuts target price to C$7.50 from C$9.25
Westshore Terminals Investment Haywood cuts price target by C$1.50 to C$26
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Thursday, February 14, 2013

Upgrades, Downgrades and Target Changes - Feb 14 2013

Company Rating/Target Change
Agnico Eagle Mines Ltd BMO cuts target price to $50 from $55
Birchcliff Energy Ltd CIBC raises target price to C$9.25 from C$8.75
Birchcliff Energy Ltd RBC raises target price to C$8.50 from C$7.50
Birchcliff Energy Ltd Raymond James raises target price to C$7.50 from C$7.25
Blackpearl Resources BMO cuts target price to C$3.75 from C$4
Eagle Energy Trust PI Financial starts with buy rating; target price C$11
CAE Inc Paradigm Capital cuts to hold from buy;Paradigm Capital cuts price target to C$12 from C$12.50
CAE Inc Stonecap Securities cuts price target to C$12 from C$12.50
CAE Inc CIBC cuts price target b yC$0.50 to C$11.50
Canacol Energy Ltd Mackie Research cuts target price to C$7 from C$7.50
Canacol Energy Ltd Fraser Mackenzie cuts price target to C$5.75 from C$6.00
Enbridge Income Fund CIBC raises price target to C$26.50 from C$25.75
Equity Financial Acumen Capital raises target price to C$13.90 from C$10.95
Equity Financial M Partners raises price target to C$11.60 from C$8.50
Finning International Inc RBC raises target price to C$30 from C$26
Finning International Inc Raymond James raises target price to C$30 from C$27.50
Finning International Inc M Partners cuts target price to C$40.50 from C$41.25
Finning International Inc Credit Suisse raises target price to C$32 from C$30
Home Capital Group RBC cuts target price to C$66 from C$67
Home Capital Group National Bank Financial ups target price to C$72 from C$62
Home Capital Group GMP Securities raises price target to C$68 from C$59
Katanga Mining Ltd CIBC cuts price target to C$1.10 from C$1.20
Manitok Energy Inc Raymond James cuts target price to C$3.25 from C$3.50
Marquee Energy Acumen Capital cuts target price to C$1.20 from C$1.40
Orezone Gold Corp Desjardins cuts target price to C$3.50 from C$4.50
Peyto Exploration National Bank Financial raises target to C$29 from C$28
Poseidon Concepts Corp Canaccord Genuity cuts to sell from hold
Progressive Waste Solutions Octagon cuts to hold from buy
Orbit Garant Drilling CIBC cuts to sector underperformer from sector performer ;CIBC cuts price target to C$2 from C$3.25
Pembina Pipeline Corp CIBC raises target price to C$30.50 from C$30
Pembina Pipeline Corp TD Securities raises target price to C$30 from C$28
Russel Metals Inc CIBC raises target price to C$32 from C$28.75
Sterling Resources CIBC cuts price target to C$0.85 from C$1.50
San Gold Corp Stonecap Securities cuts target price to C$0.30 from C$0.5
Sun Life Financial RBC raises target price to C$28 from C$25
Sun Life Financial CIBC raises price target to C$32 from C$28
Sun Life Financial National Bank Financial ups target price to C$31 from C$27
Solium Capital M Partners starts with buy rating; price target of C$4.75
Telus Corp National Bank Financial raises target price to C$70 from C$69
Winpak Ltd PI Financial raises price target to C$19.50 from C$18.00; rating buy
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Wednesday, February 13, 2013

Upgrades, Downgrades and Target Changes - Feb 13 2013

Company Rating/Target Change
Absolute Software Paradigm Capital raises target price to C$6.50 from C$6
Absolute Software TD Securities raises target price to C$7.50 from C$5.50
Absolute Software PI Financial raises target price to C$5.50 from C$5
Absolute Software Cantor Fitzgerald raises target price to C$7.50 from C$6.50
Algonquin Power & Utilities Mackie ups price target to C$8.50 from C$7.50
Almaden Minerals Salman Partners starts with price target of C$3.75;starts with speculative buy rating
Computer Modelling National Bank Financial ups target price to C$21 from C$19.50
Enbridge Income Fund Canaccord Genuity cuts to sell from hold
Russel Metals Inc RBC raises target price to C$32 from C$31
Stantec National Bank Financial starts with sector perform; price target of C$43
Tourmaline Oil Corp CIBC raises target price to C$46 from C$41
Tourmaline Oil Corp RBC raises target price to C$40 from C$37; rating outperform
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Tuesday, February 12, 2013

Upgrades, Downgrades and Target Changes - Feb 12 2013

Company Rating/Target Change
Alacer Gold Corp Raymond James cuts target price to C$6 from C$8
Algonquin Power National Bank Financial raises target to C$7.25 from C$7
Computer Modelling Group TD Securities raises price target to C$22 from C$21
Entrec Corp National Bank Financial raises target price to C$3 from C$2.75
Fiera Capital Canaccord Genuity starts with buy rating; price target of C$10.50
Guardian Capital Canaccord Genuity starts with hold rating; price target of C$14
Hanfeng Evergreen Inc Canaccord Genuity raises target price to C$2.25 from C$2.20
Hanfeng Evergreen Inc TD Securities raises target price to C$2.25 from C$2.20
Keyreit Dundee Capital raises target price to C$7 from C$6.50; rating neutral
Mainstreet Equity TD Securities ups target price to C$36 from C$35; rating hold
Mainstreet Equity M Partners cuts price target to C$37.75 from C$38.50
Mainstreet Equity Dundee raises target price to C$36.50 from C$36
MBAC Fertilizer Corp BMO cuts target price to C$4.25 from C$4.50
Medical Facilities TD Securities raises target price to C$15 from C$13.50
Mullen Group Ltd BMO starts with market perform rating; price target of C$26
Pure Industrial Raymond James ups target price to C$5.75 from C$5.50
San Gold Corp BMO cuts to market perform from outperform
San Gold Corp CIBC cuts to sector underperformer from sector performer ;cuts target price to C$0.65 from C$1.25
Sprott Power TD Securities raises target price to C$1.50 from C$1.45; rating buy
Taseko Mines Laurentian Bank starts with buy rating; price target of C$4
Toromont Industries Canaccord Genuity raises target price to C$24.50 from C$24
Toromont Industries RBC raises target price to C$25 from C$22
Toromont Industries TD Securities raises target price to C$26 from C$25
Toromont Industries Raymond James raises to outperform from market perform ;Raises price target to C$25.75 from C$21
Toromont Industries BMO raises target price to C$24.50 from C$21
Toromont Industries Desjardins raises target price to C$24 from C$20
Toromont Industries M Partners raises price target to C$27.25 from C$26.75
Toromont Industries Salman Partners raises target price to C$24.50 from C$21.75
Valener Inc TD Securities cuts rating to hold from buy
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Monday, February 11, 2013

Upgrades, Downgrades and Target Changes - Feb 11 2013

Company Rating/Target Change
Calfrac Well Services Ltd Dahlman rose cuts to hold from buy
Eastern Platinum Canaccord Genuity cuts target price to C$0.22 from C$0.50
Emera Inc TD Securities cuts to hold from buy
Ensign Energy Services Inc Dahlman Rose cuts to hold from buy
Entrec Corp Stonecap Securities cuts target price to C$2.20 from C$2.25
Foraco International Haywood starts with sector outperform rating ;starts with price target of C$3.50
Heroux-Devtek Inc Raymond James cuts target price to C$10.25 from C$13.50
IGM Financial BMO raises target price to C$45 from C$42; rating market perform
IGM Financial TD Securities raises target price to C$43 from C$42; rating hold
IGM Financial GMP Securities raises to buy from hold ;raises target price to C$46.50 from C$40
Norbord Inc BMO raises target price to C$40 from C$37; rating outperform
Norbord Inc RBC raises target price to C$40 from C$36; rating outperform
San Gold Corp Stonecap Securities cuts to underperform from outperform
SNC Lavalin Group TD Securities raises target price to C$57 from C$52
Teck Resources Haywood cuts target price by C$2.50 to C$35
Trican Well Service Ltd Dahlman Rose cuts to hold from buy
Winpak Ltd Raymond James cuts to market perform from outperform
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