Monday, July 8, 2013

Upgrades, Downgrades and Target Changes - Jul 08 2013

Company Rating/Target Change
Augusta Resource Canaccord Genuity cuts price target to C$5.75 from C$6
Canadian National Railway  Canaccord ups target to C$103 from C$102
Canadian Pacific Railway Canaccord cuts target to C$134 from C$137; rating hold
Capstone Mining Canaccord Genuity cuts target to C$2.70 from C$3; rating buy
Champion Iron Mines Canaccord Genuity cuts to hold from speculative buy
Counsel Corp Stonecap Securities raises target to C$2.80 from C$2; outperform
First Quantum Minerals Canaccord Genuity cuts target to C$18 from C$20; hold
Forbes & Manhattan Coal  Canaccord Genuity cuts to hold from speculative buy
Franco-Nevada Corp Cowen starts with market perform rating; $22.97 price target
Hudbay Minerals  Canaccord Genuity cuts target to C$8.50 from C$10; rating hold
Imperial Metals Canaccord Genuity cuts target to C$14 from C$16.50; rating buy
Loblaw Companies NBF resumes coverage with outperform; price target C$51
Loblaw Companies CIBC ups target to C$48 from C$47; rating sector performer
Lundin Mining Canaccord Genuity cuts target price to C$5 from C$5.10; rating buy
Progressive Waste Solutions CIBC raises price target to $25.50 from $24.50
Sandstorm Gold Ltd Cowen starts with outperform rating; pricetarget of $7.72
Savanna Energy Services Raymond James cuts target price to C$8.50 from C$9
Silver Wheaton Corp Cowen starts with market perform rating; target price $15.96
Teck Resources Canaccord Genuity cuts target to C$26 from C$28; rating hold
Thompson Creek Metals Canaccord Geunity cuts target to C$2.60 from C$3.30; sell
WestJet Airlines CIBC cuts target to C$26.50 from C$27; sector outperformer
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