Tuesday, April 15, 2014

Upgrades, Downgrades and Target Changes - Apr 15 2014

Company Rating/Target Change
Amica Mature Lifestyles Canaccord Genuity cuts target to C$9.40; rating buy
Amica Mature Lifestyles NBF cuts target to C$9.50 from C$10; rating outperform
Amica Mature Lifestyles CIBC cuts target to C$8.50 from C$8.75; sector performer
ARC Resources CIBC raises target to C$35 from C$33; rating sector performer
Bellatrix Exploration CIBC ups target to C$11.50 from C$11; sector outperformer
Birchcliff Energy  CIBC ups target to C$13.50 from C$12.50; sector outperformer
BlackPearl CIBC ups target to C$3.70 from C$3.60;sector outperformer-speculative
Bonavista Energy Corp CIBC raises target to C$18 from C$17; sector performer
Boyd Group Income Fund Scotia raises target to $39.5 from $36.5
Canadian Natural Resources CIBC ups target to C$52 from C$49;sector outperformer
 Capstone Mining Raymond James cuts target to C$4 from C$4.25; rating strong buy
Cenovus Energy CIBC raises target to C$35 from C$34; rating sector performer
Cequence Energy CIBC raises target to C$2.50 from C$2.25; sector underperformer
 Champion Iron Raymond James raises target price to C$0.50 from C$0.45
Crescent Point Energy Canaccord Genuity raises target price to C$50; rating buy
Crescent Point Energy NBF raises target to C$52 from C$51; rating outperform
Crescent Point Energy Haywood Securities raises target to C$48 from C$45; buy
Crew Energy  CIBC raises target to C$10.50 from C$9.50; sector underperformer
 CT REIT TD Securities starts with hold; target C$12
Eagle Energy Trust CIBC cuts target to C$8 from C$8.50; sector performer
 Enerplus Corp CIBC raises target to C$27.50 from C$26; sector outperformer
First Quantum Minerals TD Securities raises target to C$27 from C$26; rating buy
Freehold Royalties NBF raises target to C$24 from C$23; rating sector perform
Freehold Royalties Scotia raises target to $24.5 from $24
Husky Energy CIBC raises price target to C$39 from C$38; rating sector performer
Imperial Oil CIBC cuts price target to C$59 from C$60; rating sector performer
Imperial Metals Raymond James cuts target to C$17.50 from C$18.50;market perform
 Kelt Exploration  Kelt Exploration
Kirkland Lake CIBC cuts to sector underperformer rating
 Legacy Oil + Gas CIBC raises target to C$8 from C$7.75; rating sector performer
Lightstream Resources Haywood Securities raises target to C$7 from C$6; hold
Nuvista Energy CIBC raises target to C$13 from C$12; rating sector outperformer
Painted Pony Petroleum CIBC ups target to C$13 from C$11.75; sector outperformer
Paramount Resources CIBC raises target to C$60 from C$56; sector outperformer
Perpetual Energy CIBC raises target to C$2 from C$1.65; rating sector performer
Peyto Exploration CIBC ups target to C$46.50 from C$43.50; sector outperformer
Prism Medical Ltd  LB Securities raises target price to C$9 from C$7; rating buy
Raging River Exploration CIBC ups target to C$11 from C$10.50;sector outperformer
RMP Energy CIBC cuts to sector performer from sector outperformer
Sears Canada Inc Desjardins raises target price to C$15 from C$10; rating hold
Sherritt International TD Securities raises target to C$6 from C$4.50; rating buy
Sirius XM Canada Holdings Canaccord Genuity cuts target to C$8.90; rating buy
Sirius XM Canada Holdings NBF cuts target price to C$11 from C$11.50; outperform
Sirius XM Canada Holdings RBC cuts target to C$10 from C$11; rating outperform
Sirius XM Canada Holdings TD Securities raises target to C$10 from C$11; buy
Solium Capital Inc PI Financial raises to buy from neutral
Suncor Energy CIBC raises target to C$47.50 from C$44.50; sector outperformer
Tahoe Resources Raymond James raises to outperform from market perform
Teck Resources Raymond James cuts target to C$24 from C$27; market perform
Teck Resources RBC cuts target price to C$33 from C$34; rating outperform
TransGlobe Energy TD Securities raises to buy; target to C$11.50 from C$9.30
TransGlobe Energy Credit Suisse cuts target to C$9 from C$9.50; rating neutral
Torc Oil & Gas Ltd Canaccord Genuity raises target price to C$15; rating buy
Tourmaline Oil Corp CIBC raises target to C$65 from C$63; sector outperformer
Transforce Canaccord Genuity starts with buy rating; target price of C$29
Vermilion Energy Inc CIBC raises target to C$82 from C$77; sector outperformer
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