Friday, January 3, 2014

Upgrades, Downgrades and Target Changes - Jan 03 2014

Company Rating/Target Change
Ag Growth (AFN) PI Financial raises target price to C$52 from C$44; rating buy
Bank Of Nova Scotia RBC starts with outperform rating
Bank Of Montreal RBC starts with outperform rating
BlackBerry RBC raises target price to $6 from $5; rating speculative risk
Canadian Western Bank RBC starts with sector perform
Cervus Equipment PI Financial raises target to C$29 from C$24.50; rating buy
CIBC RBC starts with sector perform rating
Great-West Lifeco RBC starts with sector perform; price target C$33
Industrial Alliance Insurance RBC starts with sector perform; price target C$48
Laurentian Bank Of Canada RBC starts with sector perform rating
Manulife Financial RBC starts with outperform; price target C$23
National Bank of Canada RBC starts with sector perform rating
Sierra Wireless RBC raises target price to $28 from $20; rating outperform
Sun Life Financial RBC starts with sector perform; price target C$36
TD Bank RBC starts with outperform rating
Temple Hotels NBF resumes coverage with outperform; price target C$7
Toromont Industries TD Securities raises target price to C$28 from C$26
WesternOne NBF resumes coverage with outperform; price target C$9
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