Ear on the Street
Algonquin Power Income Fund (APF.UN : TSX : $9.55)
$60 million financing completed
Scotia Capital Markets resumes coverage with a "sector underperform", 12-month target price is $9.25
Alimentation Couche-Tard (ATD.B : TSX : $26.24)
Q2 in line
GMP Securities maintains "hold", 12-month target price is $27.50
Axmin Inc (AXM : TSX-V : $0.87)
Passendro feasibility is expected to be completed by mid-2007
Haywood Securities maintains "sector outperform", 12-month target price is $1.75
Cameco Corp. (CCO : TSX : $40.74 | CCJ : NYSE : US$34.71)
Signs an exploration agreement with Tenex
GMP Securities maintains "buy", 12-month target price is US$45.00
CML Healthcare Income Fund (CLC.UN : TSX : $13.67)
Management provides more details on acquisition strategy
Blackmont Capital maintains "buy", 12-month target price is raised to $14.60
Canadian Western Bank (CWB : TSX : $44.40)
Poised for double digit growth in 2007
Dundee Securities maintains "neutral", 12-month target price is $49.00
Emera Inc. (EMA : TSX : $22.26)
Management outlines its strategy of "playing to its strengths"
BMO Capital Markets maintains "market perform", 12-month target price is $22.00
Energy Metals (EMC : TSX : $9.31)
To expand its technical team
GMP Securities maintains "buy", 12-month target price is $13.85
Enbridge (ENB : TSX : $40.02)
New Street coverage
Desjardins Securities initiates coverage with a "hold", 12-month target price is $41.00
ExAlta Energy (EXA : TSX : $3.99)
Strong outlook for production growth
Raymond James maintains "strong buy", 6-12 month target price is $9.25
FUN Technologies (FUN : TSX : $4.24)
Q3 shows declining gross margins
Canaccord Adams downgrades to "sell", 12-month target price is cut to $4.03
Gabriel Resources (GBU : TSX : $4.90)
Uncertain future
Dundee Securities maintains "underperform", 12-month target price is raised to $4.00
Gemini Corp. (GKX : TSX-V : $0.68)
Q3 results disappoint
Desjardins Securities maintains "buy", 12-month target price is $2.00
Grand Petroleum (GPP : TSX-V : $3.79)
Q3 meets expectations
Canaccord Adams maintains "buy", 12-month target price is $5.50
Harvest Energy Trust (HTE.UN : TSX : $26.87 | HTE : NYSE : US$23.77)
$555 million financing completed
BMO Capital Markets maintains "market perform", 12-month target price is cut to $27.50
CIBC World Markets maintains "sector perform", 12-month target price is cut to $30.50
Scotia Capital Markets maintains "sector underperform", 12-month target price is $24.00
La Senza (LSZ : TSX : $47.85)
Q3 Results well above expectations
BMO Nesbitt Burns maintains "sector perform", 12-month target price is $48.25
New Flyer Industries Inc. (NFI.UN : TSX : $8.55)
New Street coverage
CIBC World Markets initiates coverage with a "sector perform", 12-month target price is $9.00
Northern Property REIT (NPR.UN : TSX : $23.99)
Distribution increased
Scotia Capital Markets maintains "sector outperform", 12-month target price is $25.10
Power Corp of Canada (POW : TSX : $36.09)
Rumours of takeover
BMO Nesbitt Burns maintains "market perform", 12-month target price is $38.50
Reitmans (Canada) (RET.A : TSX : $22.73)
Future margin expansion
BMO Nesbitt Burns maintains "outperform", 12-month target price is increased to $26.00
Rogers Sugar Income Fund (RSI.UN : TSX : $3.60)
Higher revenues resulting from higher world sugar prices and better product mix
BMO Nesbitt Burns maintains "market perform", target price lowered to $3.90
Sound Energy Trust (SND.UN : TSX : $5.57)
Sound has significant tax pools estimated at about $390 million post the clear merger
TD Newcrest downgrades to "hold", target price is lowered to $5.50
Tembec Inc. (TBC : TSX : $1.47)
Q4/06 EBITDA of $30.2 million
CIBC World Markets maintains "sector underperform", target price raised to $0.75
Desjardins Securities maintains "sell", target price is $0.75
Raymond James maintains "underperform", 6-12 month target price is $0.50
TD Newcrest maintains "reduce", 12-month target price is raised to $0.75
Zarlink Semiconductor (ZL : TSX : $2.30 | NYSE : US$2.00)
$121 million in cash, with no debt
GMP Securities maintains "buy", target price is US$3.00
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