The Trading Floor

[Arctec]

Ear on the Street
Agnico-Eagle Mines (AEM : TSX : $45.41 | NYSE : US$39.78)
More discoveries at Kittila and Pino Altos
Canaccord Adams maintains "buy", 12-month target price is US$44.00
Desjardins Securities maintains "buy", 12-month target price is $62.75
Dundee Securities maintains "outperform", 12-month target price is raised to $50.00
Raymond James maintains "outperform", 6-12 month target price is $49.00

Aeroplan Income Fund (AER.UN : TSX : $15.55)
CIBC announced the business Aerogold card will earn 50% more Aeroplan points
Blackmont Capital maintains "sell", 12-month target price is raised to $12.50
TD Newcrest maintains "buy", 12-month target price is $16.50

Anatolia Minerals Dev Ltd (ANO : TSX : $4.00)
Q3 loss in line
RBC Capital Markets maintains "outperform", 12-month target price is $6.25

Alimentation Couche-Tard (ATD.B : TSX : $25.98)
Q2 in line
Blackmont Capital maintains "buy", 12-month target price is cut to $32.00
BMO Capital Markets maintains "outperform", 12-month target price is raised to $35.00
CIBC World Markets maintains "sector perform", 12-month target price is $30.00
Credit Suisse maintains "neutral", 12-month target price is $29.00
Desjardins Securities maintains "hold", 12-month target price is $29.00
Dundee Securities maintains "neutral", 12-month target price is $26.00
RBC Capital Markets maintains "sector perform", 12-month target price is not given
Scotia Capital Markets maintains "sector perform", 12-month target price is $25.00

Addax Petroleum (AXC : TSX : $30.58)
Solid Taq Taq results
RBC Capital Markets maintains "outperform", 12-month target price is increased to $37.00
Scotia Capital Markets maintains "sector perform", 12-month target price is $36.00

Augusta Resource (AZC : TSX : $2.38)
New Street coverage
BMO Capital Markets initiates coverage with a "outperform", 12-month target price is not given

Bombardier Inc. (BBD.B : TSX : $3.79)
To report Q3 on November 29
Scotia Capital Markets maintains "sector underperform", 12-month target price is $3.50

Bronco Energy (BCF : TSX-V : $4.93)
Announced Grand Rapids Drilling commitment
RBC Capital Markets maintains "outperform", 12-month target price is raised to $7.25

Cardiome Pharma (COM : TSX : $14.20 | CRME : NASDAQ : US$12.44)
Report on Dronedarone highlights some potential reasons for concern over that drug
Dundee Securities maintains "market outperform", 12-month target price is $19.00

Dorel Industries (DII.B : TSX : $32.00 | DIIB : NASDAQ : US$27.98)
New Ameriwood president appointed
Desjardins Securities maintains "hold", 12-month target price is $30.00

EnCana Corp. (ECA : TSX : $57.85 | NYSE : US$50.61)
Oil sands expansion not reflected in share price
RBC Capital Markets maintains "outperform", 12-month target price is $66.00

Flagship Energy (FG.A : TSX-V : $1.31)
Q3 production and cash flow below estimates
GMP Securities maintains "buy", 12-month target price is $2.25

Finning International (FTT : TSX : $45.19)
Headwinds: prevailing parts supply challenges, and further U.K. restructuring charges
Raymond James downgrades to "outperform", target price is $45.77

GENIVAR Income Fund (GNV.UN : TSX : $11.50)
Initiating coverage due to potential growth
Raymond James initiates "strong buy", 12-month target price is $14.50

Grand Petroleum (GPP : TSX-V : $3.80)
Teporary growth stall
Haywood Security maintains "sector outperform", 12-month target price is $7.25

Greystar Resources (GSL : TSX : $10.90)
New Street coverage
BMO Capital Markets initiates coverage with a "market perform", 12-month target price is not given

Goldcorp Inc. (G : TSX : $31.23 | GG : NYSE : US$27.32)
New Goldcorp
Canaccord Capital upgrades to a "buy", 12-month target price is decreased to US$37.50

Jaguar Mining Inc. (JAG : TSX : $6.10)
Weak Q3 but good forcasts
RBC Capital Markets maintains "outperform", 12-month target price is raised to $9.00

Keyera Facilities Income Fund (KEY.UN : TSX : $16.79)
Attractive valuation
RBC Capital Markets upgrades to "outperform", 12-month target price is decreased to $18.00

LionOre Mining International (LIM : TSX : $9.97)
Confidence improving.
TD Newcrest maintains "buy",12-month target price is $12.00

March Networks (MN : TSX : $23.80)
Positive preview
Canaccord Capital maintains "buy", 12-month target price is $29.00

Medicure (MPH : TSX : $1.58 | MCU : AMEX : US$1.40)
Phase III trial initiated
Haywood Security maintains "sector outperform", 12-month target price is $3.25

Nova Chemicals Corp (NCX : TSX : $33.51 | NYSE : US$29.38)
Imminent STYRENIX sale
RBC Capital Markets maintains "outperform", target price is US$40.00
Scotia Capital Markets maintains "sector underperform", 12-month target price is $33.00

Onex Corporation (OCX : TSX : $27.64)
Spirit IPO soars
BMO Capital Markets maintains "outperform", 12-month target price is raised to $32.00

Polaris Minerals (PLS : TSX : $6.39)
Prodution is expected to start next month
GMP Securities maintains "buy", 12-month target price is $8.90

Potash Corp. of Saskatchewan (POT : TSX : $161.04 | NYSE : US$141.17)
Uralkali outlines plan to restore production to the pre-Mine-1 flood level
Scotia Capital Markets maintains "sector outperform", 12-month target price is $180.00

Q9 Networks Inc. (Q : TSX : $11.85)
New distribution partnership with IBM
Haywood Securities maintains "sector outperform", target price raised to $14.50
TD Newcrest maintains "buy", 12-month target price is $13.00

Toromont Industries (TIH : TSX : $22.73)
Management highlights enduring growth
Blackmont Capital maintains "buy", 12-month target price is $30.00

Van Houtte (VH : TSX : $17.57)
Q2 slightly beats expectations
RBC Capital Markets maintains "sector perform", no target price is given
Scotia Capital Markets maintains "sector perform", 12-month target price is $20.50

George Weston Ltd. (WN : TSX : $72.39)
Delivering margin expansion
BMO Capital Markets maintains "market perform", 12-month target price is cut to $71.00
CIBC World Markets maintains "sector underperform", 12-month target price is cut to $65.00
Credit Suisse upgrades to "outperform", 12-month target price is $88.00
RBC Capital Markets maintains "sector perform", 12-month target price is $77.00
Scotia Capital Markets maintains "sector perform", 12-month target price is $76.50

Yellow Pages Income Fund (YLO.UN : TSX : $12.92)
Increases distribution by 6%
CIBC World Markets maintains "sector perform", 12-month target price is $12.75
Dundee Securities maintains "outperform", 12-month target price is $16.00