CANADA RESEARCH SUMMARY: Oct 28 1752 GMT
Le Chateau Versant Partners Cuts price target to C$15.50 from (CTUa.TO) C$20.25; rating strong buy --------------------------------------------------------------- ------------ Major Drilling Group Jennings Capital Starts with buy rating; price (MDI.TO) target of C$25 --------------------------------------------------------------- ------------ National Bank of Dundee Cuts to neutral from buy; price Canada (NA.TO) [nBNG381855] target to C$49 from C$58 --------------------------------------------------------------- ------------ Onex Corp (OCX.TO) BMO Cuts target price to C$25 from
C$32; rating outperform --------------------------------------------------------------- ------------ Paladin Energy Raymond James Cuts price target to C$2.90 from (PDN.TO) C$4.40; rating outperform --------------------------------------------------------------- ------------ Paramount Resources Scotia Capital Raises to sector perform from (POU.TO) sector underperform --------------------------------------------------------------- ------------ Pembina Pipeline Scotia Capital Cuts to sector underperform from Income Fund (PIF_u.TO) sector perform --------------------------------------------------------------- ------------ Platinum Group Raymond James Cuts price target to C$2 from C$4; (PTM.TO) rating outperform --------------------------------------------------------------- ------------ Research in Motion Genuity Cuts price target to $100 from (RIMM.O) $140; rating buy --------------------------------------------------------------- ------------ Ritchie Bros. Blackmont Cuts price target to $26 from (RBA.N) (RBA.TO) $31.50; rating buy --------------------------------------------------------------- ------------ Royal Bank of Canada Dundee Cuts to sell from buy; price target (RY.TO) [nBNG381855] to C$43 from C$54
Merrill Lynch Cuts price target to
C$50 from C$53
---------------------------------------------------------------
------------ Shoppers Drug Mart UBS Cuts
price target to C$59 from C$63; (SC.TO)
rating buy
---------------------------------------------------------------
------------ SNC-Lavalin (SNC.TO) Dundee Cuts
price target to C$31.00 from
C$35.70; rating buy --------------------------------------------------------------- ------------ Southern Pacific CanAccord Adams Raises to buy from hold Resource (STP.V) --------------------------------------------------------------- ------------ Stantec Inc (STN.TO) CanAccord Adams Cuts price target to C$35 from
C$39; rating buy
---------------------------------------------------------------
------------ Stornoway (SWY.TO) Raymond James Cuts
price target to C$0.40 from
C$0.70; keeps outperform rating --------------------------------------------------------------- ------------ Strathmore Minerals Raymond James Raises to outperform from (STM.V) market perform --------------------------------------------------------------- ------------ Thompson Creek Metals Desjardins Cuts price target to C$16.20 from (TCM.TO)
C$18; keeps top pick rating
---------------------------------------------------------------
------------ Toromont Industries RBC Raises
price target to C$29 from
(TIH.TO) C$28; rating
outperform
Blackmont Cuts price target to C$28 from C$30;
rating buy --------------------------------------------------------------- ------------ Toronto Dominion Bank Dundee Cuts to neutral from buy; price (TD.TO) [nBNG381855] target to C$59 from C$71 --------------------------------------------------------------- ------------ Twin Butte Energy Ltd Scotia Capital Raises to sector perform from (TBE.TO) sector underperform --------------------------------------------------------------- ------------ Victoria Gold (VIT.V) Raymond James Cuts price target to C$0.80 from
C$1.50; keeps strong buy rating --------------------------------------------------------------- ------------ WestJet Airlines Versant Partners Cuts to hold from buy; price target (WJA.TO) to C$11.50 from C$14.50 --------------------------------------------------------------- ------------ Zincore Metals Raymond James Raises to outperform from market (ZNC.TO) perform; cuts price target to
C$0.10 from C$0.30 --------------------------------------------------------------- ------------ ((Compiled by Tenzin Pema; Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780))
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