CANADA RESEARCH SUMMARY: Jan 27 1630 GMT

Tue Jan 27, 2009 11:31am 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
 Alamos Gold (AGI.TO)   Canaccord Adams   Raises price target
to C$7.70 from
                                       C$7.50; keeps hold
rating
 ---------------------------------------------------------------
 ------------ Allen-Vanguard         Paradigm          Cuts
price target to C$0.60;
 VRS.TO                                 keeps buy rating
 ---------------------------------------------------------------
 ------------ Banro Corp (BAA.TO)    RBC               Cuts
price target to C$1.50 from
                                       C$2; rating sector
perform
 ---------------------------------------------------------------
 ------------  Canadian Tire (CTC.TO) RBC               Cuts to
sector perform from
                                       outperform
 ---------------------------------------------------------------
 ------------  Canfor Corp (CFP.TO)   Raymond James     Cuts
price target to C$7 from C$8
 ---------------------------------------------------------------
 ------------ Canfor Pulp Income     Raymond James     Cuts to
market perform from
 Fund (CFX_u.TO)                          outperform; price
target
                                       to C$3.75 from
C$4.75
 ---------------------------------------------------------------
 ------------ Detour Gold (DGC.TO)   Haywood         
Reinstates price target at C$13.50
                                       from C$12; rating
sector outperform
 ---------------------------------------------------------------
 ------------ Domtar Corp (UFS.N)    Raymond James     Cuts
price target to $3.50 from $4
 ---------------------------------------------------------------
 ------------ Fortress Paper         Raymond James     Cuts
price target to C$8 from C$10
 (FTP.TO)
 ---------------------------------------------------------------
 ------------ George Weston (WN.TO)  RBC               Raises
to outperform from sector
                                       perform
 ---------------------------------------------------------------
 ------------  Industrial Alliance    RBC               Cuts
price target to C$24 from
 Insurance (IAG.TO)                       C$29; rating sector
perform
                     BMO               Cuts price target to
C$26 from C$34;
                                       rating outperform
 ---------------------------------------------------------------
 ------------  ING Canada IIC.TO    Genuity           Cuts
price target to C$33 from C$38;
                                       rating hold
                     RBC               Cuts price target to
C$40 from C$42;
                                       rating outperform
 ---------------------------------------------------------------
 ------------ Lundin Mining          Cheuvreux         Cuts to
underperform
 (LUMIsdb.ST)
 ---------------------------------------------------------------
 ------------  Metro Inc (MRUa.TO)    RBC               Raises
to outperform from sector
                                       perform
 ---------------------------------------------------------------
 ------------  Norbord Inc (NBD.TO)   Raymond James     Cuts
price target to C$0.90 from
                                       C$1.25
 ---------------------------------------------------------------
 ------------ Nova Chemicals (NCX.N) RBC               Raises
to sector perform from
 (NCX.TO)                                 underperform
 ---------------------------------------------------------------
 ------------ Osisko Mining (OSK.TO) Canaccord Adams   Cuts
price target to C$6.25 from
                                       C$4.80; keeps
speculative buy rating
 ---------------------------------------------------------------
 ------------ Sherritt International Desjardins        Cuts
price target to C$6.25 from
 Corp (S.TO)                              C$8.15; rating buy
 ---------------------------------------------------------------
 ------------  Storm Exploration      Genuity           Raises
price target to C$13.75 from
 (SEO.TO)                                 C$12; rating hold
                     Dundee            Raises price target
to C$16 from C$15;
                                       rating buy
 ---------------------------------------------------------------
 ------------ Tembec (TMB.TO)        Dundee            Cuts
price target to C$0.50 from
                                       C$3.50; rating sell
 ---------------------------------------------------------------
 ------------ Thompson Creek         Blackmont         Cuts
price target to C$8.75 from
 Metals (TCM.TO)                          C$9.35; rating buy
 ---------------------------------------------------------------
 ------------ ((Compiled by Neha Singh; Bangalore Equities
Newsdesk +91 80 4135 5800; within  U.S. +1 646 223 8780)) 

 

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