CANADA RESEARCH SUMMARY: Feb 6 2240 GMT

Following is a summary of research actions on Canadian
companies reported by Reuters on Friday. Stock entries are in
alphabetical order.
For a summary of research on S&P 500 companies, double click
on [RCH/US]
For a summary of research on non-S&P 500 companies, double
click on [RCH/US2]
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------------ STOCK RESEARCH BY ACTION
Aeroquest Jennings Cuts to hold from
buy
International (AQL.TO)
---------------------------------------------------------------
------------ Allied Properties Blackmont Starts
with hold, price target C$14
(AP_u.TO)
---------------------------------------------------------------
------------ Andina Minerals (ADM.V)BMO Starts
with market perform rating
---------------------------------------------------------------
------------ Aquiline Resources BMO Starts
with market perform rating
(AQI.TO)
---------------------------------------------------------------
------------ Arc Energy Trust CIBC Upgrades
to to sector outperformer
(AET_u.TO) from sector
performer
---------------------------------------------------------------
------------ Artis (AX_u.TO) Blackmont Starts
with hold, price target C$10
---------------------------------------------------------------
------------ BCE Inc (BCE.TO) UBS Raises
price target to C$26.50 from

C$25.50; rating buy
---------------------------------------------------------------
------------ Bombardier (BBDb.TO) Raymond James Cuts
price target to C$4 from

C$5.50; rating market
perform

BMO Cuts price target to
C$3.50 from

C$4.75; rating market
perform
---------------------------------------------------------------
------------ Breaker Energy Blackmont Cuts
price target to C$6.50 from
(WAV.TO) C$7; rating buy
---------------------------------------------------------------
------------ Bridgewater Systems Genuity Raises
price target to C$4.75 from
(BWC.TO) C$3.75; rating buy
---------------------------------------------------------------
------------ Bronco Energy (BCF.TO) Genuity Cuts to
sell from hold; price

target to C$0.80 from
C$1.50

RBC Cuts price target to
C$1.25 from

C$5; rating sector
perform
---------------------------------------------------------------
------------ Calloway (CWT_u.TO) Blackmont Starts
with hold, price target C$14
---------------------------------------------------------------
------------ Canadian Western Bank BMO Cuts
price target to C$11.50 from (CWB.TO)

C$14; rating market perform
---------------------------------------------------------------
------------ Culane Energy (CLN.V) Jennings Cuts
price target to C$2 from

C$3.35; rating buy
---------------------------------------------------------------
------------ Equinox Minerals UBS Cuts
price target by 7 pct to (EQN.TO)

C$2.10; rating buy
---------------------------------------------------------------
------------ Fortis (FTS.TO) RBC Raises
price target to C$25 from

C$24; rating sector
perform
---------------------------------------------------------------
------------ Gildan Activewear UBS Cuts
price target to C$18 from C$20;
(GIL.TO) rating buy
---------------------------------------------------------------
------------ Gluskin Sheff (GS.TO) Genuity Cuts
price target to C$12 from C$13;

rating buy
---------------------------------------------------------------
------------ Kinross Gold UBS Raises
to buy from neutral; price
(KGC.N) (K.TO) target to $22.50 from
$17
---------------------------------------------------------------
------------ Lab Research (LRI.TO) RBC Cuts
price target to C$2.50 from

C$3.50; rating sector
perform

Versant Cuts price target to
c$2 from c$3;

rating buy
---------------------------------------------------------------
------------ Magellan Aerospace Versant Cuts to
sell from neutral; price
(MAL.TO) target to C$0.30 from
C$2.70

Dundee Cuts to sell from
buy
---------------------------------------------------------------
------------ Manitoba Telecom Genuity Cuts
price target to C$35 from
Services (MBT.TO) C$36; rating sell

Haywood Cuts price target by
C$2 to C$43;

rating sector
outperform

BMO Cuts price target to
C$41 from C$43;

rating market perform

UBS Cuts price target to
C$41 from C$42; rating
buy
---------------------------------------------------------------
------------ Orleans Energy (OEX.TO)Blackmont Cuts
price target to C$3.25 from

C$4; rating buy
---------------------------------------------------------------
------------ Pacific Rubiales BMO Starts
with outperform; price target
Energy (PRE.TO) of C$5
---------------------------------------------------------------
------------ Precision Drilling Raymond James Cuts to
market perform from
Trust (PD_u.TO) outperform
---------------------------------------------------------------
------------ Research In UBS Raises
price target to $57 from $42;
Motion (RIMM.O) (RIM.TO) rating neutral
---------------------------------------------------------------
------------ Rock Energy (RE.TO) Blackmont Cuts to
speculative buy from buy;

price target to
C$2.25 from C$2.75
---------------------------------------------------------------
------------ Silverstone Resources Blackmont Cuts
target price to C$1.75 from
(SST.V) C$2.15; rating buy
---------------------------------------------------------------
------------ Shoppers Drug Mart BMO Cuts
price target to c$48 from c$52;
(SC.TO) rating market
perform
---------------------------------------------------------------
------------ Toronto Dominion Genuity Cuts to
hold from buy
Bank (TD.TO)
---------------------------------------------------------------
------------ ((Compiled by Sandhya Menon and Shrutika Verma;
Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1
646 223 8780))