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]
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------------ STOCK RESEARCH BY ACTION
Allied Properties Real Raymond James Raises to outperform
from
Estate Investment Trust market perform
(AP_u.TO) Genuity Raises price target
to C$15.00 from
C$14.25; rating buy
---------------------------------------------------------------
------------ Andean Resources RBC Raises
price target to C$1.30 from
(AND.TO) C$0.90; rating
outperform
---------------------------------------------------------------
------------ Aurizon Mines (ARZ.TO) Rodman & Renshaw Starts
with market outperform; price
target of C$6.20
---------------------------------------------------------------
------------ Boston Pizza Royalties RBC Cuts
price target to C$9 from C$10;
(BPF_u.TO) rating outperform
---------------------------------------------------------------
------------ Empire Co (EMPa.TO) Jennings Starts
with buy rating; target price
of C$56
---------------------------------------------------------------
------------ Gran Tierra Energy Canaccord Adams Cuts
price target to C$5 from
(GTE.TO) C$5.50; rating buy
Raymond James Raises price target
to C$4.50 from
C$4.00; rating
outperform
Genuity Cuts price target to
C$5.00 from
C$5.25; rating buy
---------------------------------------------------------------
------------ Great West Lifeco Credit Suisse Cuts
target price to C$28 from C$31
(GWO.TO)
---------------------------------------------------------------
------------ International Tower Canaccord Adams Starts
with speculative buy rating and
Hill Mines ITH.V C$4.40 target
---------------------------------------------------------------
------------ Jaguar Mining (JAG.TO) Rodman & Renshaw Starts
with market outperform rating
---------------------------------------------------------------
------------ Kingsway Financial BMO Cuts
price target to C$6 from C$9;
Services (KFS.TO) rating market
perform
---------------------------------------------------------------
------------ Manulife Financial Credit Suisse Cuts
target price to C$30 from C$33
(MFC.TO)
---------------------------------------------------------------
------------ Minera Andes (MAI.TO) Canaccord Adams Cuts
price target to C$0.90 from
C$1.15; keeps
speculative buy rating
---------------------------------------------------------------
------------ Neo Material Raymond James Cuts
price target to C$2.75 from
Technologies (NEM.TO) C$3.75; rating
outperform
---------------------------------------------------------------
------------ Northstar Healthcare RBC Raises
to sector perform from
(NHC.TO) underperform
---------------------------------------------------------------
------------ Petrominerales Dundee Raises
price target to C$9.25 from
(PMG.TO) C$8; rating neutral
---------------------------------------------------------------
------------ Precision Drilling BMO Cuts
price target to C$7 from C$11; Trust (PD_u.TO)
rating outperform
Tristone Cuts price target by
C$1 to C$6.50;
rating market
perform
---------------------------------------------------------------
------------ Red Back Mining RBC Raises
price target to C$11 from C$9;
(RBI.TO) rating outperform
---------------------------------------------------------------
------------ Shoppers Drug Mart TD Newcrest Cuts
price target to C$51 from C$57;
(SC.TO) rating buy
---------------------------------------------------------------
------------ San Gold (SGR.V) Dundee Cuts
target price to C$2.30 from
C$2.40; rating buy
---------------------------------------------------------------
------------ Sun Life Credit Suisse Cuts
target price to C$32 from C$36
Financial (SLF.TO)
---------------------------------------------------------------
------------ Tembec (TMB.TO) BMO Cuts
price target to C$0.90 from C$1;
rating underperform
---------------------------------------------------------------
------------ UTS Energy (UTS.TO) Genuity Raises
price target to C$2.00 from
C$1.50; rating hold
---------------------------------------------------------------
------------ Yellow Pages RBC Cuts
price target to C$7 from C$10;
Income Fund (YLO_u.TO) rating outperform
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------------ ((Compiled by Tenzin Pema and Sandhya Menon;
Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1
646 223 8780))