CANADA RESEARCH SUMMARY: Feb 10 1639 GMT

Tue Feb 10, 2009 11:40am EST
 
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 Following is a summary of research actions on Canadian
companies reported by  Reuters on Tuesday. 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]
 ---------------------------------------------------------------
 ------------ STOCK                  RESEARCH BY       ACTION
 Allied Properties Real Raymond James     Raises to outperform
from
 Estate Investment Trust                  market perform
 (AP_u.TO)              Genuity           Raises price target
to C$15.00 from
                                       C$14.25; rating buy
 ---------------------------------------------------------------
 ------------ Andean Resources       RBC               Raises
price target to C$1.30 from
 (AND.TO)                                 C$0.90; rating
outperform
 ---------------------------------------------------------------
 ------------ Aurizon Mines (ARZ.TO) Rodman & Renshaw  Starts
with market outperform; price
                                       target of C$6.20
 ---------------------------------------------------------------
 ------------ Boston Pizza Royalties RBC               Cuts
price target to C$9 from C$10;
 (BPF_u.TO)                               rating outperform
 ---------------------------------------------------------------
 ------------ Empire Co (EMPa.TO)    Jennings          Starts
with buy rating; target price
                                       of C$56
 ---------------------------------------------------------------
 ------------ Gran Tierra Energy     Canaccord Adams   Cuts
price target to C$5 from
 (GTE.TO)                                 C$5.50; rating buy
                     Raymond James     Raises price target
to C$4.50 from
                                       C$4.00; rating
outperform
                     Genuity           Cuts price target to
C$5.00 from
                                       C$5.25; rating buy
 ---------------------------------------------------------------
 ------------ Great West Lifeco      Credit Suisse     Cuts
target price to C$28 from C$31
 (GWO.TO)
 ---------------------------------------------------------------
 ------------ International Tower    Canaccord Adams   Starts
with speculative buy rating and
 Hill Mines (ITH.V)                       C$4.40 target
 ---------------------------------------------------------------
 ------------ Jaguar Mining (JAG.TO) Rodman & Renshaw  Starts
with market outperform rating
 ---------------------------------------------------------------
 ------------ Kingsway Financial     BMO               Cuts
price target to C$6 from C$9;
 Services (KFS.TO)                        rating market
perform
 ---------------------------------------------------------------
 ------------ Manulife Financial     Credit Suisse     Cuts
target price to C$30 from C$33
 (MFC.TO)
 ---------------------------------------------------------------
 ------------ Minera Andes (MAI.TO)  Canaccord Adams   Cuts
price target to C$0.90 from
                                       C$1.15; keeps
speculative buy rating
 ---------------------------------------------------------------
 ------------ Neo Material           Raymond James     Cuts
price target to C$2.75 from
 Technologies (NEM.TO)                    C$3.75; rating
outperform
 ---------------------------------------------------------------
 ------------ Northstar Healthcare   RBC               Raises
to sector perform from
 (NHC.TO)                                 underperform
 ---------------------------------------------------------------
 ------------ Petrominerales         Dundee            Raises
price target to C$9.25 from
 (PMG.TO)                                 C$8; rating neutral
 ---------------------------------------------------------------
 ------------ Precision Drilling     BMO               Cuts
price target to C$7 from C$11;  Trust (PD_u.TO)
      rating outperform
                     Tristone          Cuts price target by
C$1 to C$6.50;
                                       rating market
perform
 ---------------------------------------------------------------
 ------------ Red Back Mining        RBC               Raises
price target to C$11 from C$9;
 (RBI.TO)                                 rating outperform
 ---------------------------------------------------------------
 ------------ Shoppers Drug Mart     TD Newcrest       Cuts
price target to C$51 from C$57;
 (SC.TO)                                  rating buy
 ---------------------------------------------------------------
 ------------ San Gold (SGR.V)       Dundee            Cuts
target price to C$2.30 from
                                       C$2.40; rating buy
 ---------------------------------------------------------------
 ------------ Sun Life               Credit Suisse     Cuts
target price to C$32 from C$36
 Financial (SLF.TO)
 ---------------------------------------------------------------
 ------------ Tembec (TMB.TO)        BMO               Cuts
price target to C$0.90 from C$1;
                                       rating underperform
 ---------------------------------------------------------------
 ------------ UTS Energy (UTS.TO)    Genuity           Raises
price target to C$2.00 from
                                       C$1.50; rating hold
 ---------------------------------------------------------------
 ------------ Yellow Pages           RBC               Cuts
price target to C$7 from C$10;
 Income Fund (YLO_u.TO)                   rating outperform
 ---------------------------------------------------------------
 ------------ ((Compiled by Tenzin Pema and Sandhya Menon;
Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1
646 223 8780)) 

 

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