Thursday, February 13, 2014

Upgrades, Downgrades and Target Changes - Feb 13 2014

Company Rating/Target Change
Agnico Eagle Mines BMO cuts rating to market perform from outperform
Air Canada Canaccord Genuity cuts target to C$10.25 from C$12.00; rating buy
Air Canada Raymond James cuts target price to C$5 from C$8
Air Canada RBC cuts target price to C$11 from C$13; rating outperform
Air Canada Scotia cuts target price to C$6.5 from C$7
Birchcliff Energy RBC raises target to C$10 from C$9.50; rating sector perform
Birchcliff Energy CIBC raises target price to C$11.75 from C$10.25
Birchcliff Energy Scotia raises target to C$12 from C$10
Bonterra Energy CIBC raises target price to C$63 from C$62.50
Computer Modelling Group Scotia ups targe to $30 from $29
Gran Tierra Energy Salman Partners ups target to C$13 from C$11.75; rating buy
Husky Energy RBC raises target price to C$37 from C$36; rating sector perform
Husky Energy Raymond James raises target to C$41.50 from C$41; outperform
FirstService CIBC raises target price to C$56 from C$50
Maples Leaf foods Scotia cuts taget to $15.5 from $16
Melcor Real Estate Canaccord Genuity starts with hold; target C$10.60
Mullen Group Raymond James ups target to C$27.50 from C$26.50; marketperform
Pretium Resources Scotia ups target to $10 from $6
Peyto Exploration & Development Canaccord Genuity ups target to C$39; hold
Peyto Exploration & Development  RBC ups target to C$38 from C$36; outperform
Peyto Exploration & Development Scotia ups target to C$40 from C$35; outperform
Rogers Communications NBF cuts to sector perform from outperform
Rogers Communications Canaccord Genuity cuts target to C$46 from C$50; hold
Rogers Communications RBC cuts target to C$46 from C$48; rating sector perform
Stantec RBC cuts target price to C$75 from C$79; rating outpeform
Sun Life CIBC raises target to $40 from $39
Thomson Reuters NBF cuts target price to C$43.50 from C$46; rating outperform
Thomson Reuters CIBC cuts target price to $35 from $37
Thomson Reuters Scotia cuts target price to $43 from $46
Tourmaline Oil CIBC raises target price to C$57 from C$53
Veresen Canaccord Genuity raises target price to C$16 from C$14.25; rating hold
Veresen CIBC raises target price to C$14 from C$13.50
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