Monday, April 15, 2013

Upgrades, Downgrades and Target Changes - Apr 15 2013

Company Rating/Target Change
Alexco Resource Corp Canaccord Genuity cuts to hold from speculative buy;cuts target price to C$3.75 from C$5.15
Arcan Resources CIBC cuts target price to C$0.90 from C$1.20
Arcan Resources National Bank Financial cuts target price to C$1 from C$1.50
Bauer Performance CIBC cuts to sector performer from sector outperformer
Dollarama CIBC raises target price to C$80 from C$73
Dollarama Canaccord Genuity raises target price to C$78 from C$72; rating buy
Hudson's Bay  Canaccord Genuity cuts target price to C$19 from C$21; rating buy
Industrial Alliance  Canaccord Genuity ups target to C$41 from C$40; rating hold
Pacific Rubiales Energy RBC cuts target to C$30 from C$35; rating outperform
Postmedia Network Canada RBC cuts to underperform from sector perform
Shaw Communications Canaccord Genuity cuts target to C$21 from C$23; rating sell
Shaw Communications NBF cuts target price to C$22 from C$23
Shaw Communications RBC cuts target to C$23 from C$24; rating sector perform
Sun Life Financial Canaccord Genuity cuts target to C$28 from C$29; rating hold
Teranga Gold Corp BMO cuts target price to C$1 from C$2.75
WesternZagros Resources RBC raises target to C$3 from C$2.75; rating outperform
Yamana Gold Davy Research cuts to underperform from outperform
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