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]
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------------ STOCK RESEARCH BY ACTION
ARC Energy Trust Raymond James Cuts price target to
C$20 from
(AET_u.TO) C$21; rating market
perform
Tristone Raises to outperform
from market
perform
---------------------------------------------------------------
------------ Bankers Petroleum Genuity Cuts
price target to C$1.50 from
(BNK.TO) C$2.30; rating buy
---------------------------------------------------------------
------------ Biovail Corp (BVF.TO) Paradigm Cuts to
hold from buy
---------------------------------------------------------------
------------ Dynasty Metals & Canaccord Adams Raises
price target to C$5.60 from
Mining Inc (DMM.TO) C$3.15; maintains
speculative buy
rating
---------------------------------------------------------------
------------ Linamar Corp (LNR.TO) UBS Cuts
price target to C$4.25 from
C$8.50; rating
neutral
---------------------------------------------------------------
------------ Magna International UBS Cuts to
neutral from buy
(MGA.N) (MGa.TO)
---------------------------------------------------------------
------------ Open Range Energy Paradigm Capital Cuts to
hold from buy; cuts price
Corp (ONR.TO) target to $3.50 from
$4.25
---------------------------------------------------------------
------------ Photochannel Networks Versant Raises
to buy from neutral
(PN.V)
---------------------------------------------------------------
------------ Russel Metals (RUS.TO) RBC Starts
with outperform; price target
of C$25
---------------------------------------------------------------
------------ Shaw Communications Canaccord Adams Cuts to
hold from buy; price target
Inc (SJRb.TO) to C$22 from C$29
---------------------------------------------------------------
------------ Suncor Energy (SU.TO) RBC Cuts to
sector perform from
outperform
---------------------------------------------------------------
------------ Theratechnologies Loewen Ondaatje Starts
with buy rating; $6
Inc (TH.TO) Mccutcheon price target
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------------ ((Compiled by Shrutika Verma and Ramya Dilip;
Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1
646 223 8780))
