CORRECTED-RESEARCH ALERT-Major Drilling : CIBC cuts price target

Fri Jan 25, 2013 5:07am EST

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(Corrects currency to C$ from US$) Jan 25 (Reuters) - Major Drilling Group International Inc :

* CIBC cuts price target to C$13 from C$14; rating sector outperformer

For a summary of rating and price target changes on U.S. companies:

Reuters Eikon users, click on RCH/US

Reuters 3000Xtra users, double-click RCH/US

Reuters Station users, click .1568

For a summary of rating and price target changes on Canadian companies:

Reuters Eikon users, click on RCH/CA

Reuters 3000Xtra users, double-click RCH/CA

Reuters Station users, click .4899

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