CANADA RESEARCH SUMMARY: Jan 14 1926 GMT

Wed Jan 14, 2009 2:26pm EST
 
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 Following is a summary of research actions on Canadian
companies reported by  Reuters on Wednesday. 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
 ARC Energy Trust       Raymond James     Cuts price target to
C$20 from
 (AET_u.TO)                               C$21; rating market
perform
                     Tristone          Raises to outperform
from market
                                       perform
 ---------------------------------------------------------------
 ------------ Bankers Petroleum      Genuity           Cuts
price target to C$1.50 from
 (BNK.TO)                                 C$2.30; rating buy
 ---------------------------------------------------------------
 ------------ Biovail Corp (BVF.TO)  Paradigm          Cuts to
hold from buy
 ---------------------------------------------------------------
 ------------  Dynasty Metals &       Canaccord Adams   Raises
price target to C$5.60 from
 Mining Inc (DMM.TO)                      C$3.15; maintains
speculative buy
                                       rating
 ---------------------------------------------------------------
 ------------ Linamar Corp (LNR.TO)  UBS               Cuts
price target to C$4.25 from
                                       C$8.50; rating
neutral
 ---------------------------------------------------------------
 ------------  Magna International    UBS               Cuts to
neutral from buy
 (MGA.N) (MGa.TO)
 ---------------------------------------------------------------
 ------------  Open Range Energy      Paradigm Capital  Cuts to
hold from buy; cuts price
 Corp (ONR.TO)                            target to $3.50 from
$4.25
 ---------------------------------------------------------------
 ------------ Photochannel Networks  Versant           Raises
to buy from neutral
 (PN.V)
 ---------------------------------------------------------------
 ------------  Russel Metals (RUS.TO) RBC               Starts
with outperform; price target
                                       of C$25
 ---------------------------------------------------------------
 ------------  Shaw Communications    Canaccord Adams   Cuts to
hold from buy; price target
 Inc (SJRb.TO)                            to C$22 from C$29
 ---------------------------------------------------------------
 ------------ Suncor Energy (SU.TO)  RBC               Cuts to
sector perform from
                                       outperform
 ---------------------------------------------------------------
 ------------  Theratechnologies      Loewen Ondaatje   Starts
with buy rating; $6
 Inc (TH.TO)            Mccutcheon        price target
 ---------------------------------------------------------------
 ------------ ((Compiled by Shrutika Verma and Ramya Dilip;
Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1
646 223 8780)) 

 

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