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CANADA/RESEARCH

Fri Oct 31, 2008 1:08pm EDT

Stocks

   
 Goldcorp Inc (GG.N)    UBS               Cuts price target to
$25 from
                                       $40; rating buy
 ---------------------------------------------------------------
 ------------ Great Canadian Gaming  Scotia Capital    Cuts
price target to C$9.50 from
 (GC.TO)                                  C$14
 ---------------------------------------------------------------
 ------------ Great-West Lifeco      BMO               Cuts
price target to C$31 from
 (GWO.TO)                                 C$36; rating
outperform
 ---------------------------------------------------------------
 ------------ Guestlogix Inc (GXI.V) Paradigm          Cuts
price target to C$2.75
                                       from C$3.50; keeps
buy rating
                     Canaccord Adams   Cuts price target to
C$1.60
                                       from C$2.00; rating
buy
 ---------------------------------------------------------------
 ------------ Harry Winston Diamond  UBS               Cuts
price target to C$15 from
  (HW.TO)                                 C$20; keeps buy
rating
 ---------------------------------------------------------------
 ------------ IGM Financial (IGM.TO) Dundee            Cuts
price target to C$37.00 from
                                       C$39.00; rating
neutral
 ---------------------------------------------------------------
 ------------ Imris Inc (IM.TO)      RBC               Cuts
price target to C$5.50 from
                                       C$8.50; rating
outperform
 ---------------------------------------------------------------
 ------------ Kinross Gold (KGC.N)   UBS               Cuts
price target to $14 from
                                       $19; rating buy
 ---------------------------------------------------------------
 ------------ Macdonald Dettwiler &  Scotia Capital    Cuts
price target to C$22 from C$25
 Associates (MDA.TO)
                     Canaccord Adams   Raises price target
to C$25 from
                                       C$22; rating hold
 ---------------------------------------------------------------
 ------------ Manulife Financial     UBS               Cuts to
neutral from buy
 (MFC.N) (MFC.TO)
 ---------------------------------------------------------------
 ------------ MDS INC (MDZ.N)        Dundee            Cuts
price target to $14 from
                                       $18; rating neutral
 ---------------------------------------------------------------
 ------------ Methanex Corp (MEOH.O) UBS               Cuts
price target to $16 from
                                       $19; keeps buy rating
----------------------------------------------------------------
 ----------- Northbridge Financial  RBC               Raises
price target to C$37 from
  NB.TO                                 C$35; rating
outperform
 ---------------------------------------------------------------
 ------------ Open Text (OTEX.O)     Raymond James     Cuts
price target to $37 from $42;
 (OTC.TO)                                 keeps outperform
rating
 ---------------------------------------------------------------
 ------------ Pacific Rubiales       RBC               Starts
with outperform; price
 Energy (PRE.TO)                          target of C$10
 ---------------------------------------------------------------
 ------------ Parkland Income Fund   Scotia Capital    Cuts
price target to C$8.50 from
 (PKI_u.TO)                               C$10
 ---------------------------------------------------------------
 ------------ Petro-Canada PCA.TO  Canaccord Adams   Cuts
price target to C$48.00
                                       from C$50.00; rating
buy
 ---------------------------------------------------------------
 ------------ Quadra Mining (QUA.TO) UBS               Cuts to
neutral from buy
 ---------------------------------------------------------------
 ------------ Rainy River Resources  Genuity           Cuts
price target to C$4.50 from C$10
 (RR.V)
----------------------------------------------------------------
 ----------- Ritchie Bros.          RBC               Cuts
price target to $22 from
 Auctioneers (RBA.N)                      $25; rating
outperform
                     Jefferies         Cuts price target to
$19 from
                                       $28; rating hold
 ---------------------------------------------------------------
 ------------ Semafo (SMF.TO)        Haywood           Starts
with sector outperform
 ---------------------------------------------------------------
 ------------ Sherritt International UBS               Cuts to
neutral from buy
 (S.TO)
 ---------------------------------------------------------------
 ------------ SNC-Lavalin (SNC.TO)   Dundee            Cuts to
neutral from buy
 ---------------------------------------------------------------
 ------------ Sprott Inc (SII.TO)    RBC               Cuts to
underperform from
                                       sector perform
 ---------------------------------------------------------------
 ------------ TMX Group (X.TO)       Scotia Capital    Cuts
price target to C$33 from C$45
 ---------------------------------------------------------------
 ------------ Torstar (TSb.TO)       Genuity           Cuts
price target to C$12.75 from
                                       C$14.00; rating hold
                     RBC               Cuts price target to
C$13 from
                                       C$14; rating sector
perform
 ---------------------------------------------------------------
 ------------ Transalta (TA.TO)      RBC               Cuts
price target to C$28 from
                                       C$30; rating sector
perform
                     BMO               Cuts price target to
C$28 from
                                       C$29; rating market
perform
 ---------------------------------------------------------------
 ------------ Transcanada (TRP.TO)   Credit Suisse     Cuts to
neutral from outperform,
  (TRP.N)                                 reports
theflyonthewall.com
 ---------------------------------------------------------------
 ------------ Transforce (TFI.TO)    RBC               Cuts
price target to C$7.50
                                       from C$9; rating
outperform
                     BMO               Cuts price target to
C$6 from                                           C$8.80;
rating market perform
 ---------------------------------------------------------------
 ------------ Transition             BMO               Starts
with market perform rating
 Therapeutics (TTH.TO)
 ---------------------------------------------------------------
 ------------ Virginia Mines         Genuity           Cuts
price target to C$6.10 from
 (VGQ.TO)                                 C$9.50
 ---------------------------------------------------------------
 ------------ Wescast Industries     RBC               Cuts
price target to C$5 from
 (WCSa.TO)                                C$7; RATING SECTOR
PERFORM
                     Scotia Capital    Raises price target
to C$4.50
                                       from C$4.25
 ---------------------------------------------------------------
 ------------ Western Goldfields     Haywood           Starts
with sector outperform
 WGI.TO
 ---------------------------------------------------------------
 ------------ ((Compiled by Ramya Dilip; Bangalore Equities
Newsdesk +91 80 4135 5800; within  U.S. +1 646 223 8780)) 



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