Following is a summary of research actions on Canadian
companies reported by Reuters on Monday. 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
Canadian Pacific Blackmont Cuts price target to
C$56 from C$68;
Railway (CP.TO) rating hold
---------------------------------------------------------------
------------ Crew Energy (CR.TO) BMO Cuts
price target to C$10.50 from
C$14; rating
outperform
---------------------------------------------------------------
------------ Enerflex Systems RBC Raises
to outperform from sector
Income Fund (EFX_u.TO) perform
---------------------------------------------------------------
------------ Fronteer Development Canaccord Adams Cuts
price target to C$4.60 from
(FRG.TO) C$5.65; rating
speculative buy
---------------------------------------------------------------
------------ GMP Capital Trust BMO Cuts to
underperform from market
GMP_u.TO perform; price target
to C$5 from
C$12.50
---------------------------------------------------------------
------------ Harry Winston (HWD.N) RBC Cuts
price target to $14 from $35;
rating outperform
---------------------------------------------------------------
------------ International Forest BMO Cuts
price target to C$3.50 from
Products (IFPa.TO) C$5; rating market
perform
---------------------------------------------------------------
------------ LE Chateau (CTUa.TO) BMO Cuts to
market perform from
outperform; price
target to C$10
from C$16
---------------------------------------------------------------
------------ Macdonald Dettwiler Raymond James Cuts
price target to C$27 from C$34;
(MDA.TO) keeps outperform
rating
---------------------------------------------------------------
------------ Manulife Financial Genuity Cuts
price target to C$30 from C$35;
(MFC.TO) rating hold
---------------------------------------------------------------
------------ Minera Andes Inc Canaccord Adams Starts
with speculative buy; price
(MAI.TO) target of C$1.40
----------------------------------------------------------------
----------- Miranda Technologies Raymond James Cuts
price target to C$9.75 from
(MT.TO) C$11.25; keeps
outperform rating
---------------------------------------------------------------
------------ Norbord (NBD.TO) Raymond James Cuts to
market perform from
outperform; price
target to C$3 from
C$5.50
---------------------------------------------------------------
------------ Nortel Networks UBS Cuts to
neutral from buy
NT.TO NT.N
---------------------------------------------------------------
------------ Rainy River Resources Canaccord Adams Cuts
price target to C$2.50 from
(RR.V) C$4.30; rating
speculative buy
----------------------------------------------------------------
----------- Reitmans (RETa.TO) Versant Partners Cuts
price target to C$18.50 from
C$21.50; rating buy
---------------------------------------------------------------
------------ San Gold (SGR.V) Dundee Starts
with buy rating and price
target of C$2
---------------------------------------------------------------
------------ Silverstone Resources Canaccord Adams Starts
with speculative buy; price
SST.V target of C$1.40
---------------------------------------------------------------
------------ Stantec (STN.TO) Dundee Cuts
price target to C$30.00 from
$35.00; rating buy
----------------------------------------------------------------
----------- Stella-Jones (SJ.TO) RBC Cuts to
sector perform from
outperform; price
target to C$27
from C$45
---------------------------------------------------------------
------------ UR Energy Inc (URE.TO) Canaccord Adams Cuts
price target to C$1.20 from
C$2.15; rating
speculative buy
----------------------------------------------------------------
----------- Westjet Airlines Raymond James Cuts
price target to C$13.50 from
(WJA.TO) C$18; rating market
perform
---------------------------------------------------------------
------------ ((Compiled by Neha Singh and Mary Meyase;
Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1
646 223 8780))
