CANADA RESEARCH SUMMARY: Dec 18 1742 GMT

Following is a summary of research actions on Canadian
companies reported by Reuters on Thursday. 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
Andean Resources Ltd Dundee Starts with neutral;
price target
(AND.TO) of C$0.60
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------------ Aurora Energy Canaccord Adams Cuts
price target to C$1.60 from
Resources Inc AXU.TO C$3.75; rating
speculative buy
---------------------------------------------------------------
------------ Canwest Global RBC Cuts
price target to C$0.75 from
Communications (CGS.TO) C$1; rating
underperform
---------------------------------------------------------------
------------ CI Financial Income RBC Cuts
price target to C$15 from
Fund CIX_u.TO C$16; rating sector
perform
---------------------------------------------------------------
------------ Eldorado Gold (ELD.TO) Raymond James Cuts to
outperform from strong buy
EGO.A
---------------------------------------------------------------
------------ Evertz Technologies Genuity Starts
with hold rating; price
Ltd (ET.TO) target of C$13.50
---------------------------------------------------------------
------------ Finning International Raymond James Cuts
price target to C$18.50 from
Inc (FTT.TO) C$20.25; rating
outperform

RBC Cuts price target to
C$15 from C$16;

rating sector
perform
---------------------------------------------------------------
------------ Firstservice Corp RBC Cuts to
underperform from sector
(FSV.TO) (FSRV.O) perform
---------------------------------------------------------------
------------ Galleon Energy (GO.TO) CIBC Cuts to
sector performer from

sector outperformer
---------------------------------------------------------------
------------ Hemisphere GPS Dundee Cuts to
neutral from buy
(HEM.TO)
---------------------------------------------------------------
------------ Indigo Books & Music RBC Cuts
price target to C$16 from
Inc (IDG.TO) C$19; rating
outperform
---------------------------------------------------------------
------------ Inmet Mining Corp Genuity Cuts to
hold from buy; price
(IMN.TO) target to C$19.00
from C$25.00

UBS Cuts price target to
C$27 from C$29;

rating buy
---------------------------------------------------------------
------------ Manitoba Telecom Genuity Cuts
price target to C$36 from
Services (MBT.TO) C$40; rating sell

RBC Cuts price target to
C$45 from C$46;

rating sector perform

Haywood Cuts price target by
C$3 to C$45;

rating sector
outperform

BMO Cuts price target to
C$43 from

C$45; rating market
perform

National Bank Cuts price target to
C$36 from

C$40; rating
underperform
---------------------------------------------------------------
------------ MDS Inc (MDS.TO) RBC Cuts
price target to $12 from $13;
(MDZ.N) rating outperform

Dundee Cuts price target to
$11.50 from

$14.00; rating
neutral
---------------------------------------------------------------
------------ Methanex Corp UBS Cuts
price target to $14.50 from
(MX.TO) (MEOH.O) $16.00; rating buy
---------------------------------------------------------------
------------ National Bank Of Scotia Raises
to sector outperform from
Canada (NA.TO) sector perform
---------------------------------------------------------------
------------ Oilexco Inc OIL.TO Genuity Cuts
price target to C$2.25 from

C$3.00; rating hold

RBC Cuts to sector
perform from

outperform

Tristone Capital Cuts to underperform
from market

perform
---------------------------------------------------------------
------------ Opti Canada Inc Raymond James Cuts to
market perform from
(OPC.TO) outperform; target
price to C$3.00

from C$5.50

UBS Cuts price target to
C$6.00 from

C$8.00; rating buy

Dundee Cuts price target to
C$5.25 from

C$5.75; rating buy

BMO Cuts price target to
C$8 from C$9;

rating outperform
---------------------------------------------------------------
------------ Ritchie Bros. Raymond James Cuts to
outperform from strong buy;
Auctioneers Inc raises target price
to $25.25
(RBA.TO) (RBA.N) from $22.25
---------------------------------------------------------------
------------ Russel Metals Inc Scotia Raises
to sector outperform from
(RUS.TO) sector perform
---------------------------------------------------------------
------------ Savanna Energy UBS Cuts
price target to C$8.00 from
Services Corp (SVY.TO) C$11.00; rating
neutral
---------------------------------------------------------------
------------ Transat At Inc RBC Cuts
price target to C$15 from
(TRZb.TO) C$19; rating
outperform

BMO Cuts price target to
C$12 from

C$15; rating
outperfrom
---------------------------------------------------------------
------------ Trican Well Service UBS Cuts
price target to C$13.00 from
Ltd (TCW.TO) C$14.00; rating buy
---------------------------------------------------------------
------------ Westernzagros (WZR.V) Raymond James Raises
to market perform from

underperform; cuts
price target to

C$0.57 from C$0.62
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------------ ((Compiled by Amiteshwar Singh and Vidya L
Nathan; Bangalore Equities Newsdesk +91 80 4135 5800; within
U.S. +1 646 223 8780))