Tuesday, May 14, 2013

Upgrades, Downgrades and Target Changes - May 14 2013

Company Rating/Target Change
Alliance Grain Traders Canaccord Genuity cuts target to C$17 from C$17.50; buy
Bank of Montreal Morgan Stanley cuts to underweight
Fortress Paper Raymond James cuts target to C$11.50 from C$14.50; market perform
Lone Pine Resources  Raymond James cuts price target to C$0.70 from C$2;cuts to underperform
RBC Morgan Stanley raises to equal weight from underweight
Semafo Inc BMO cuts target price to C$2.75 from C$4; rating outperform
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