The Trading Floor

[Arctec]

Ear on the Street

AEterna Zentaris (AEZ : TSX : $6.54 | AEZS : NASDAQ : US$5.67)
Interim data from Phase II trial of cancer drug perifosine announced
Canaccord Adams maintains "buy", 12-month target price is US$8.00

Angiotech Pharmaceuticals (ANP : TSX : $9.72 | ANPI : NASDAQ : US$8.42)
Completion of US$325 million debt financing
Blackmont Capital maintains "buy", 12-month target price is US$14.00

Bell Aliant (BA.UN : TSX : $27.26)
Government may deregulate the local telephone prices
CIBC World Markets maintains "sector underperform", 12-month target price is $29.00

Brookfield Asset Management (BAM.A : TSX : $55.31 | BAM : NYSE : US$47.91)
BPO raises 2007 guidance
BMO Capital Markets maintains "market perform", 12-month target price is raised to US$53.00

BCE Inc. (BCE : TSX : $30.28)
Government may deregulate the local telephone prices
CIBC World Markets maintains "sector outperform", 12-month target price is $32.00

Brookfield Properties (BPO : TSX : $44.85 | NYSE : US$38.88)
To issue 30 million shares
Scotia Capital Markets maintains "sector underperform", 12-month target price is US$35.50

Cameco Corp. (CCO : TSX : $44.70)
Analysts see higher uranium price coming
RBC Capital Markets upgrades to "top pick", 12-month target price is $67.00

Chartwell Seniors Housing REIT (CSH.UN : TSX : $13.09)
Q3 in line
BMO Capital Markets maintains "market perform", 12-month target price is cut to $14.00

CV Technologies (CVQ : TSX : $3.15)
F06 net income better than expected
RBC Capital Markets maintains "sector perform", 12-month target price is $4.75

Etruscan Resources (EET : TSX : $4.10)
New Street coverage
CIBC World Markets initiates coverage with a "sector outperform", 12-month target price is $6.25

European Goldfields Limited (EGU : TSX : $4.77)
Analysts increase commodity prices forecast
RBC Capital Markets maintains "outperform", 12-month target price is raised to $7.00

Frontera Copper (FCC : TSX : $5.45)
Analysts forecast higher copper price
RBC Capital Markets maintains "outperform", 12-month target price is raised to $9.00

First Quantum Minerals (FM : TSX : $65.01)
Analysts increase commodity prices forecast
RBC Capital Markets maintains "outperform", 12-month target price is raised to $90.00

FNX Mining Company (FNX : TSX : $17.46)
Analysts increase commodity prices forecast
RBC Capital Markets maintains "outperform", 12-month target price is raised to $24.00

Finning International (FTT : TSX : $45.68)
Won two heavy equipment contracts
RBC Capital Markets maintains "outperform", 12-month target price is $51.00

Grey Wolf Exploration (GWE : TSX : $2.82)
Increased 2007 exit guidance
BMO Nesbitt Burns upgrades to "outperform", 12-month target price is increased to $3.50

Great-West Lifeco (GWO : TSX : $33.58)
European market is key to drive growth
Scotia Capital Markets maintains "sector outperform", 12-month target price is $37.00

HudBay Minerals (HBM : TSX : $21.63)
Analysts increased Zinc forecasts
Desjardins Securities upgrades to "top pick", 12-month target price is increased to $27.15
RBC Capital Markets maintains "outperform", 12-month target price is increased to $29.00

H&R Real Estate Invest. Trust (HR.UN : TSX : $25.05)
Soft Q3
BMO Capital Markets maintains "market perform", 12-month target price is raised to $27.00

Husky Energy (HSE : TSX : $79.33)
Steady production growth fuelled by prudent spending
BMO Nesbitt Burns maintains "outperform", 12-month target price is $82.00
Desjardins Securities maintains "buy", 12-month target price is $85.00
RBC Capital Markets maintains "outperform", 12-month target price is $83.00
Scotia Capital Markets maintains "sector perform", 12-month target price is $85.00

Inmet Mining (IMN : TSX : $66.05)
Copper and Zinc expected to hold
RBC Capital Markets maintains "outperform", 12-month target price is increased to $90.00

Legacy Hotels Real Estate Tr. (LGY.UN : TSX : $9.38)
Increasing NAV
CIBC World Markets upgrades to "sector perform", 12-month target price is increased to $11.40

LionOre Mining International (LIM : TSX : $12.23)
Continued Nickel strength
RBC Capital Markets upgrades to "outperform", 12-month target price is $20.00

Methylgene Inc. (MYG : TSX : $4.25)
Interim results from Phase l/ll for MDS and AML
Blackmont Capital maintains "buy", 12-month target price is $8.00

NovaGold Resources (NG : TSX : $19.23)
Initiating coverage
RBC Capital Markets initiates coverage with a "sector perform", 12-month target price is $22.00

Parkbridge Lifestyle (PRK : TSX : $5.25)
Strong internal and external growth
Desjardins Securities maintains "top pick", 12-month target price is increased to $6.95

Shiningbank Energy Income Fund (SHN.UN : TSX : $15.15)
Shiningbank and Rider terminate proposed transaction
BMO Nesbitt Burns maintains "market perform", target price is $16.50
CIBC World Markets maintains "sector perform", target price lowered to $16.00
RBC Capital Markets maintains "sector perform", target price is $15.00
Scotia Capital Markets maintains "sector perform", 12-month target price is $14.50

Sherwood Copper (SWC : TSX-V : $3.70)
Geophysical survey highlights new potential at the Minto project, Yukon
Blackmont capital maintains "buy", 12-month target price is $5.60

Southwestern Resources (SWG : TSX : $8.75)
Increased Boka 1 resource estimates
Canaccord Adams maintains "buy", target price is $12.85
Raymond James maintains "strong buy", 6-12 month target price is $20.00

Teck Cominco Ltd. (TCK.B : TSX : $89.80 | TCK : NYSE : US$77.88)
Increased target on higher metal price forecast
Desjardins Securities downgrades to "buy", target price is raised to $97.85
RBC Capital Markets maintains "outperform", target price raised to $100.00

TriStar Oil & Gas (TOG : TSX : $5.87)
Acquires small private producer for $16.5 million
Scotia Capital Markets maintains "sector perform", 12-month target price is $7.20

TimberWest Forest Corp. (TWF.UN : TSX : $15.40)
Downgraded on price appreciation
Raymond James downgrades to "market perform", target price raised to $14.50

Western Prospector Grp (WNP : TSX-V : $4.39)
Dewatering of Gurvanbulag has been completed
Haywood Securities maintains "sector outperform", target price raised to $5.60