Monday, December 9, 2013

Upgrades, Downgrades and Target Changes - Dec 09 2013

Company Rating/Target Change
Air Canada National Bank Financial cuts to sector perform from outperform
Altus Group Canaccord Genuity raises target price to C$19 from C$16; rating buy
Bank of Nova Scotia NBF cuts to sector perform from outperform
Bank of Nova Scotia Barclays ups target to C$66 from C$64; rating equal weight
Empire Company Barclays cuts target price to C$84 from C$87; rating overweight
GuestLogix National Bank Financial resumes with outperform; target price C$2.25
Manitoba Telecom TD cuts target to $33 from $35
RBC National Bank Financial raises target price to C$75 from C$73
Sandstorm Gold Canaccord Genuity cuts target to C$7.50 from C$8.15; spec buy
Sandstorm Gold National Bank Financial cuts target to C$7 from C$8; outperform
Sandstorm Metals National Bank Financial cuts to underperform from sector perform
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