Wednesday, May 7, 2014

Upgrades, Downgrades and Target Changes - May 7 2014

Company Rating/Target Change
5N Plus National Bank Financial cuts to sector perform from outperform
Arsenal Energy NBF raises target price to C$8.25 from C$7; rating sector perform
Arsenal Energy PI Financial raises target to C$7.80 from C$6.50; neutral
Argonaut Gold Inc Scotia cuts target to $6.25 from $6.50
BCE Inc Credit Suisse raises target price to C$48 from C$47; rating neutral
Bellatrix Exploration Ltd TD Securities raises target to C$14 from C$13; buy
Bellatrix Exploration Ltd BMO raises target to C$14.50 from C$14; outperform
Bellatrix Exploration Ltd Scotia raises target to $13.50 from $12
Canyon Services Group TD Securities raises price target to C$21 from C$19; buy
Canyon Services Group TD Securities raises price target to C$21 from C$19; buy
Canyon Services Group TD Securities raises price target to C$21 from C$19; buy
Cardinal Energy FirstEnergy Capital ups target to C$19 from C$17.75; outperform
Dundee Industrial CIBC ups target to C$10.50 from C$10.25; sector outperformer
Emera Canaccord Genuity raises price target to C$35; rating hold
Emera Barclays raises target price to C$40 from C$36; rating overweight
Emera NBF raises target price to C$33.50 from C$32.50; rating sector perform
Emera Scotia raises target to $36 from $33
Emera TD Securities raises price target to C$37 from C$36; rating buy
Emera RBC raises target price to C$37 from C$35; rating sector perform
Encana Corporation SocGen raises target price to C$25 from C$19; rating hold
Enbridge Income Fund CIBC ups target to C$27.50 from C$26.50;sector outperformer
EnerCare Desjardins cuts to hold from buy; raises target to C$11.50 from C$11.25
Equitable Group NBF raises target price to C$79 from C$67; rating outperform
George Weston Ltd Barclays raises target to C$86 from C$84; rating equal weight
George Weston Ltd CIBC raises target to C$88 from C$86; rating sector performer
George Weston Ltd RBC raises target price to C$99 from C$97; rating outperform
Gibson Energy Inc NBF raises price target to C$34 from C$33; rating outperform
IAMGOLD Corp Canaccord Genuity cuts target price to C$5; rating hold
Keyera NBF raises target price to C$80 from C$75; rating outperform
Lightstream Dundee raises target price to C$8; rating neutral
Lightstream RBC raises target to C$8 from C$7; rating sector perform
Lightstream TD Securities ups to buy from hold; raises target to C$9 from C$7.50
Lightstream FirstEnergy Capital ups target to C$7.25 from C$6.50; market perform
Lightstream Credit Suisse raises target to C$6.50 from C$6; rating underperform
Long Run Exploration Ltd BMO raises target to C$6 from C$5.75; market perform
Newalta Corp NBF cuts target price to C$22 from C$23.50; rating outperform
Newalta Corp RBC raises target price to C$21 from C$20; rating outperform
Newalta Corp Mackie cuts target price to C$20 from C$21; rating hold
North American Energy Partners Dundee Capital ups target to C$12 from C$11.50;buy
Russel Metals RBC raises target price to C$34 from C$31; rating sector perform
Savanna Energy Services Raymond James cuts to outperform from strong buy rating
Semafo Inc Jennings Capital raises to hold from sell
Solium Capital PI Financial raises price target to C$9 from C$8.25; rating buy
Sun Life Financial CIBC raises target to C$41 from C$40; rating sector performer
Suncor Energy Inc FirstEnergy Capital raises target price to C$45 from C$43
Turquoise Hill Resources Ltd BMO raises target to C$5.50 from C$4.25; outperform
TVA Group RBC cuts price target to C$9 from C$10; rating sector perform
TVA Group CIBC cuts target to C$9 from C$10; rating sector underperformer
Veresen Canaccord Genuity cuts to hold rating; price target to C$16.50
Wajax Corp PI Financial cuts target price to C$32.50 from C$40
Wajax Corp Raymond James cuts target to C$36.50 from C$38.50; market perform
Wajax Corp RBC cuts target price to C$35 from C$37; rating sector perform
Wajax Corp TD Securities cuts target price to C$37 from C$39; rating hold
Wajax Corp Desjardins cuts price target to C$35 from C$38; rating hold
Wajax Corp Scotia cuts target to $37 from $39
WestJet Airlines Canaccord Genuity cuts target to C$29 from C$30; rating buy
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