CANADA RESEARCH SUMMARY: Oct 29 1437 GMT

Wed Oct 29, 2008 10:38am EDT
 
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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
 Anatolia Minerals      RBC               Cuts price target to
C$4.75 from
 (ANO.TO)                                 C$7.50; rating top
pick
 ---------------------------------------------------------------
 ------------ Bioteq Environmental   Versant           Cuts
price target to C$2.70 FROM
 (BQE.TO)                                 C$4.25; RATING BUY
 ---------------------------------------------------------------
 ------------ Bombardier (BBDb.TO)   RBC               Raises
price target to C$10
                                       from C$9; rating
outperform
 ---------------------------------------------------------------
 ------------ Canadian Pacific       Merrill Lynch     Raises
to neutral from underperform
 Railway (CP.TO) (CP.N)                   reports
theflyonthewall.com
                     RBC               Cuts price target to
C$63 from
                                       C$66; rating sector
perform
                     Blackmont         Cuts price target to
C$53 from
                                       C$56; rating hold
                     Credit Suisse     Raises target price
to $44 from $43
 ---------------------------------------------------------------
 ------------ Canadian Utilities     BMO               Cuts
price target to C$45 from
 (CU.TO)                                  C$48; rating market
perform
 ---------------------------------------------------------------
 ------------ Canfor Pulp Income     BMO               Cuts
price target to C$7 from
 Fund (CFX_u.TO)                          C$12; rating
outperform
 ---------------------------------------------------------------
 ------------ Calvalley Petroleum    Jennings Capital  Cuts
price target to C$5.50 from  (CVIa.TO)
   C$6.80; rating speculative buy
 ---------------------------------------------------------------
 ------------ CE Franklin (CFT.TO)   Paradigm          Cuts
price target to C$10; rating
                                       buy
 ---------------------------------------------------------------
 ------------ Corridor Resources     RBC               Raises
to outperform from
 (CDH.TO)                                 sector perform
 ---------------------------------------------------------------
 ------------ Davis + Henderson      RBC               Cuts
price target to C$16.50
 Income Fund (DHF_u.TO)                   from C$20; rating
outperform
 ---------------------------------------------------------------
 ------------ Epcor Power            BMO               Raises
to market perform from  EP_u.TO                              
underperform; cuts price target
                                       to C$19 from C$22
 ---------------------------------------------------------------
 ------------ Great-West Lifeco      Credit Suisse     Cuts
target price to C$33 from C$36
 (GWO.TO)
 ---------------------------------------------------------------
 ------------ Hemisphere GPS         Dundee            Cuts
price target to C$3 from  (HEM.TO)                            
C$4.70; rating buy
 ---------------------------------------------------------------
 ------------ Industrial Alliance    Credit Suisse     Cuts
price target to C$34 from C$42
 Insurance (IAG.TO)
 ---------------------------------------------------------------
 ------------ Inmet Mining (IMN.TO)  Raymond James     Cuts
target price to C$45 from C$50;
                                       keeps outperform
rating
                     Genuity           Cuts price target to
C$34 from
                                       C$44; rating hold
                     Paradigm          Cuts price target to
C$50.50;
                                       rating buy
 ---------------------------------------------------------------
 ------------ Ivanhoe Mines (IVN.TO) Genuity           Cuts
price target to C$13 from
                                       C$15; rating buy
 ---------------------------------------------------------------
 ------------ Manulife Financial     Credit Suisse     Raises
to outperform from neutral
 (MFC.TO) (MFC.N)
 ---------------------------------------------------------------
 ------------ Medipattern (MKI.V)    Versant           Raises
to buy from speculative buy;
                                       cuts price target to
C$0.80
                                       from C$1.50
 ---------------------------------------------------------------
 ------------ New Gold (NGD.TO)      RBC               Cuts
price target to C$5 from
                                       C$7; rating sector
perform   
----------------------------------------------------------------
 ----------- Norbord (NBD.TO)       BMO               Cuts
price target to C$3 from
                                       C$6; rating
outperform
 ---------------------------------------------------------------
 ------------ Parkland Income Fund   RBC               Cuts
price target to C$9.50 from
 (PKI_u.TO)                               C$11.50; rating
outperform
 ---------------------------------------------------------------
 ------------ Research In Motion     BMO               Starts
with market perform rating;
  (RIMM.O)                                price target of $55
 ---------------------------------------------------------------
 ------------ Rogers Communications  Genuity Capital   Cuts
price target to C$36 from
  (RCIb.TO)                               C$43; rating hold
                     UBS               Cuts target price
C$43 from
                                       C$47; keeps buy
rating
                     BMO               Cuts price target to
C$45 from
                                       C$48; rating
outperform
 ---------------------------------------------------------------
 ------------ Sierra Wireless        Raymond James     Cuts
price target to $13 from $14;
 (SWIR.O)                                 keeps outperform
rating
                     Jefferies         Raises to hold from
underperform
                     RBC               Cuts price target to
$9 from
                                       $10; rating sector
perform
 ---------------------------------------------------------------
 ------------ Southgobi Energy       Genuity           Cuts
price target to C$17 from
 Resources (SGQ.V)                        C$25; rating buy
 ---------------------------------------------------------------
 ------------ Tim Hortons (THI.TO)   UBS               Cuts
price target to C$36 from
                                       C$39; keeps buy
rating
 ---------------------------------------------------------------
 ------------ Theratechnologies      Versant           Cuts
price target to C$9.75; rating
 (TH.TO)                                  BUY
 ---------------------------------------------------------------
 ------------ TransCanada (TRP.TO)   UBS               Cuts
target price to C$40 from
                                       C$46; keeps buy
rating
 ---------------------------------------------------------------
 ------------ ((Compiled by Ramya Dilip; Bangalore Equities
Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)) 

 

Companies In This Article

Anatolia Minerals Development Limited (ANO.TO) Quote, Profile, Research
BioteQ Environmental Technologies Inc. (BQE.TO) Quote, Profile, Research
Bombardier Inc. (BBDb.TO) Quote, Profile, Research
Canadian Pacific Railway Limited (CP.TO) Quote, Profile, Research
Canadian Pacific Railway Limited (CP.N) Quote, Profile, Research
Canadian Utilities Limited (CU.TO) Quote, Profile, Research
Canfor Pulp Income Fund (CFX_u.TO) Quote, Profile, Research
Calvalley Petroleum Inc. (CVIa.TO) Quote, Profile, Research
CE Franklin Ltd. (CFT.TO) Quote, Profile, Research
Corridor Resources Inc (CDH.TO) Quote, Profile, Research
Davis + Henderson Income Fund (DHF_u.TO) Quote, Profile, Research
Great-West Lifeco Inc. (GWO.TO) Quote, Profile, Research
Hemisphere GPS Inc. (HEM.TO) Quote, Profile, Research
Industrial Alliance Insurance and Financial Services Inc. (IAG.TO) Quote, Profile, Research
Inmet Mining Corporation (IMN.TO) Quote, Profile, Research
Ivanhoe Mines Ltd (IVN.TO) Quote, Profile, Research
Manulife Financial Corporation (MFC.TO) Quote, Profile, Research
Manulife Financial Corporation (MFC.N) Quote, Profile, Research
The Medipattern Corporation (MKI.V) Quote, Profile, Research
New Gold Inc. (NGD.TO) Quote, Profile, Research
Norbord Inc. (NBD.TO) Quote, Profile, Research
Parkland Income Fund (PKI_u.TO) Quote, Profile, Research
Research In Motion Ltd (RIMM.O) Quote, Profile, Research
Rogers Communications Inc. (RCIb.TO) Quote, Profile, Research
Sierra Wireless Inc (SWIR.O) Quote, Profile, Research
SouthGobi Energy Resources Ltd. (SGQ.V) Quote, Profile, Research
Tim Hortons Inc. (THI.TO) Quote, Profile, Research
Theratechnologies Inc (TH.TO) Quote, Profile, Research
TransCanada Corporation (TRP.TO) Quote, Profile, Research

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