CANADA RESEARCH SUMMARY: Dec 4 1534 GMT
Following is a summary of research actions on Canadian companies reported by Reuters on Thursday. 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 Arc Energy Trust Credit Suisse Starts with neutral; Price target of (AET_u.TO) C$20 --------------------------------------------------------------- ------------ Baytex Energy Trust RBC Cuts price target to C$21 from C$23; (BTE_u.TO) rating sector perform --------------------------------------------------------------- ------------ Canadian Western Dundee Cuts price target to C$16.00 from Bank (CWB.TO) C$17.00; rating neutral ---------------------------------------------------------------- ----------- Certicom Corp CIC.TO Blackmont Raises to speculative buy from hold --------------------------------------------------------------- ------------ Conjuchem Dundee Cuts to neutral from buy Biotechnologies Inc (CJB.TO) --------------------------------------------------------------- ------------ Corel Corp (CRE.TO) Piper Jaffray Cuts to neutral from buy, reports (CREL.O) theflyonthewall.com --------------------------------------------------------------- ------------ Energy Savings Income Haywood Raises to sector outperform from Fund SIF_u.TO sector perform --------------------------------------------------------------- ------------ Equitable Group Inc Scotia Cuts to sector underperform from (ETC.TO) sector perform --------------------------------------------------------------- ------------ First National Scotia Cuts to sector perform from sector Financial Income Fund (FN_u.TO) outperform --------------------------------------------------------------- ------------ Gildan Activewear Inc Paradigm Raises to buy from hold (GIL.TO) (GIL.N) --------------------------------------------------------------- ------------ Osisko Mining Corp Dundee Cuts price target to C$4.80 from (OSK.TO) C$5.80; rating buy --------------------------------------------------------------- ------------ Pacific Northern Gas BMO Cuts price target to C$17 from C$18; (PNG.TO) rating market perform --------------------------------------------------------------- ------------ Qustream Corp (QVC.V) Dundee Cuts to neutral from buy --------------------------------------------------------------- ------------ Research in Motion Paradigm Cuts price target to C$85 from C$190; Ltd (RIM.TO) rating strong buy --------------------------------------------------------------- ------------ Sceptre Investment Scotia Raises to sector outperform from Counsel Ltd (SZ.TO) sector perform --------------------------------------------------------------- ------------ Tundra Semiconductor RBC Cuts price target to C$5.25 from C$7; TUN.TO rating outperform
Dundee Cuts price target to C$5.80 from
C$6.50; rating buy
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------------ Yamana Gold (YRI.TO) Raymond James Starts
with outperform rating
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------------ ((Compiled by Amiteshwar Singh and Mary Meyase;
Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1
646 223 8780))
