Friday, July 11, 2014

Upgrades, Downgrades and Target Changes - Jul 11 2014

Company Rating/Target Change
Asanko Gold Inc Canaccord Genuity cuts target to C$3.15 from C$3.30; spec buy
Atacama Pacific Gold Canaccord Genuity cuts target to C$2.10 from C$2.40; spec buy
Bonavista Energy RBC cuts target price to C$18 from C$18.50; sector perform
Canexus Corp RBC starts with outperform; target price of C$6
CGI Group Inc Credit Suisse starts with outperform; target price of C$48
Cogeco Cable Inc National Bank Financial raises target price to C$70 from C$67
Cogeco Cable Inc Barclays raises target to C$67 from C$65; rating overweight
Cogeco Cable Inc RBC raises target price to C$68 from C$65; rating outperform
Cogeco Cable Inc TD Securities cuts target price to C$66 from C$71; rating hold
Cogeco Inc TD Securities cuts price target to C$70 from C$75; rating buy
Corus Entertainment Inc RBC cuts target price to C$25 from C$26; sector perform
Corus Entertainment Inc BMO cuts target price to C$24 from C$25; market perform
DragonWave Raymond James raises target price to C$2 from C$1.50; market perform
EnerCare Inc RBC raises target price to C$12 from C$11; rating sector perform
Fortuna Silver Mines CIBC raises target to C$6.50 from C$5; sector performer
Grenville Strategic Royalty National Bank Financial resumes with target C$1.15
Inter Pipeline National Bank Financial raises target price to C$34 from C$33
Inter Pipeline RBC raises target price to C$36 from C$35; rating outperform
Linamar Corp Scotia ups target to $75 from $67;
Linamar Corp TD Securities starts with hold; price target C$73
Magna International Scotia raises target to $150 from $125;
OpenText Corp RBC cuts to sector perform from outperform; price target to $55
Parex Resources Inc Scotia ups target to $19 from $16
Prometic Life Sciences Canaccord Genuity raises target to C$2.25 from C$2; buy
Sandvine Corp RBC raises target price to C$4.60 from C$4
Teck Resources Bofa Merrill cuts to underperform from neutral; objective to C$23 from C$25
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