Tuesday, May 28, 2013

Upgrades, Downgrades and Target Changes - May 28 2013

Company Rating/Target Change
Canfor Corp  CIBC cuts price target to C$24 from C$25; rating sector outperformer
Capstone Mining Laurentian Bank starts with buy rating; price target of C$3.50
Conifex Timber  CIBC cuts target price to C$9.50 from C$10.50; cuts to sector underperformer
Energold Drilling Corp Salman Partners raises target price to C$2.45 from C$2.40;buy
Kinross Gold Corp RBC raises target price to $8 from $7; rating outperform
Perseus Mining CIBC cuts target to C$2.25 from C$2.50; rating sector performer
Silver Wheaton CIBC cuts target price to $42 from $45; ratingsector outperformer
TAG Oil Ltd  M Partners cuts target price to C$8 from C$11; rating buy
Teck Resources Raymond James cuts target to C$37 from C$38; rating outperform
Valeant Pharma  Susquehanna raises target price to $105 from $84; rating positive
Valeant Pharma TD Securities raises price target to $117 from $85; rating buy
Valeant Pharma Paradigm Capital raises target price to $115 from $82; rating buy
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