Tuesday, March 26, 2013

Upgrades, Downgrades and Target Changes - Mar 26 2013

Company Rating/Target Change
Air Canada  PI Financial raises target price to C$4 from C$3.25; rating buy
Alliance Grain Stonecap cuts target to C$14.50 from C$16; rating sector perform
Colabor TD Securities cuts target price to C$7 from C$8; rating hold
Fiera Capital NBF starts with outperform; price target C$11
First Quantum Nomura cuts target price to C$26 from C$28; rating buy
Just Energy RBC cuts price target to C$7.50 from C$9; rating sector perform
Keyera TD Securities raises target price to C$56 from C$52; rating hold
KEYreit CIBC raises target price to C$8 from C$7.50; rating sector performer
Methanex BMO raises target price to $45 from $38; rating market perform
New Flyer Canaccord Genuity raises price target to C$10 from C$9.75; rating hold
North American Palladium Mackie Research initiates with buy; target C$2.20
Premium Brands Canaccord Genuity ups price target to C$20 from C$19; rating buy
SouthGobi CIBC cuts target to C$5 from C$6; rating sector outperformer
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