Ear on the Street
ATCO Ltd. (ACO.X : TSX : $46.51)
Annual dividend increased by 7.3%
RBC Capital Markets maintains "sector perform", 12-month target price is $48.00
Anatolia Minerals Dev Ltd (ANO : TSX : $4.93)
A significant increase in reserves and resources at Copler
Desjardins Securities maintains "buy", 12-month target price is raised to $7.60
Raymond James upgrades to "outperform", 6-12 month target price is raised to $5.25
RBC Capital Markets maintains "top pick", 12-month target price is raised to $7.25
Addax Petroleum (AXC : TSX : $31.85)
Continues to add to Nigerian reserves
RBC Capital Markets maintains "outperform", 12-month target price is $36.00
Scotia Capital Markets maintains "sector perform", 12-month target price is $35.50
Axmin Inc (AXM : TSX-V : $0.92)
Two new gold zones found at Kofi property
Canaccord Adams maintains "buy", 12-month target price is $1.60
RBC Capital Markets maintains "outperform", 12-month target price is cut to $1.85
CanWest Global Communications (CGS : TSX : $11.78 | CWG : NYSE : US$10.03)
A rare candidate for investors seeking exposure to Canadian media
BMO Capital Markets maintains "outperform", 12-month target price is raised to $13.00
CML Healthcare Income Fund (CLC.UN : TSX : $14.82)
Flight to quality
Blackmont Capital maintains "buy", 12-month target price is raised to $15.50
Cumberland Resources (CLG : TSX : $6.67 | AMEX : US$5.69)
Updated resource estimate expands the Cnnu deposit
Raymond James maintains "strong buy", 6-12 month target price is $7.75
Canadian National Railway (CNR : TSX : $52.80)
Reporting fourth quarter results tomorrow
Blackmont Capital maintains a "buy", 12-month target price is $59.00
Cardiome Pharma (COM : TSX : $12.78 | CRME : NASDAQ : US$10.91)
Financing to raise up to $90 million
RBC Capital Markets maintains "outperform", 12-month target price is cut to $15.00
Canadian Utilities (CU : TSX : $42.53)
5.2% dividend increase more than expected
BMO Capital Markets maintains "market perform", 12-month target price is raised to $42.50
RBC Capital Markets maintains "outperform", 12-month target price is $49.00
Canadian Royalties Inc (CZZ : TSX : $2.60)
No target or rating change as a result of revised metal prices
Blackmont Capital maintains a "buy", 12-month target price is $3.20
Energy Metals (EMC : TSX : $9.27)
A pump test is successful at La Palangana property
Raymond James maintains "strong buy", 6-12 month target price is $11.50
Finning International (FTT : TSX : $47.17)
Wins $230 million contract with Syncrude
TD Newcrest maintains "buy", 12-month target price is $52.00
Highpine Oil & Gas (HPX : TSX : $15.33)
Production increase
GMP Securities maintains "buy", 12-month target price is $26.00
Ivanhoe Mines (IVN : TSX : $10.83)
Positive exploration results from Cloncurry
Raymond James maintains "underperform", 6-12 month target price is $6.50
JDS Uniphase (JDU : TSX : $20.36 | JDSU : NASDAQ : US$17.37)
Pre-announced Q2 show higher than expected sales
GMP Securities maintains "buy", 12-month target price is $22.00
Kimber Resources (KBR : TSX : $2.48)
Analysts change valuation metrics
Blackmont Capital maintains "buy", 12-month target price is cut to $4.25
Continental Minerals (KMK : TSX-V : $1.67)
Analysts revise up metal price forecast
Blackmont Capital maintains "buy", 12-month target price is raised to $8.65
Northern Orion Resources (NNO : TSX : $4.40 | NTO : AMEX : US$3.75)
New Street coverage
BMO Capital Markets initiates coverage with a "market perform", 12-month target price is US$4.25
Nexen (NXY : TSX : $65.79 | NYSE : US$56.20)
A producer for all seasons
Scotia Capital Markets maintains "sector outperform", 12-month target price is $83.50
Progress Energy Trust (PGX.UN : TSX : $11.28)
Prudent distribution cut
Blackmont Capital maintains a "hold", 12-month target price is $11.00
BMO Nesbitt Burns maintains a "market perform", target price is $12.00
Canaccord Adams maintains a "hold", target price raised to $11.50
National Bank Financial maintains "outperform", 12-month target price is cut to $13.75
RBC Capital Markets maintains a "sector perform", 12-month target price is $10.50
Scotia Capital Markets maintains a "sector perform", 1-year target price is $12.50
TD Newcrest maintains a "buy", 12-month target price is $12.00
Jean Coutu Group (PJC) (PJC.A : TSX : $15.28)
Rite Aid shareholders approve transaction
Credit Suisse maintains a "outperform", target price raised to $18.00
RBC Capital Markets downgrades to "sector perform", target price is $16.00
Pacific & Western Credit (PWC : TSX : $11.00)
Creates new software subsidiary
Blackmont Capital maintains a "hold", 12-month target price is $13.00
GMP Securities continues to rate "hold", 12-month target price is $12.00
QLT Inc. (QLT : TSX : $10.07 | QLTI : NASDAQ : US$8.60)
Fourth quarter Visudyne Sales released by Novartis
RBC Capital Markets maintains a "sector perform", target price is US$8.00
Real Resources (RER : TSX : $15.36)
2006 exit volumes below expectations
Scotia Capital Markets maintains a "sector perform", 1-year target price cut to $19.25
Rogers Sugar Income Fund (RSI.UN : TSX : $3.83)
Looking for 2007 margins to exceed estimates
TD Newcrest maintains a "hold", 12-month target price is raised to $4.00
Shoppers Drug Mart (SC : TSX : $51.02)
New occupant in the corner office
RBC Capital Markets maintains a "outperform", target price is $60.00
Second Cup Royalty (SCU.UN : TSX : $9.74)
SSSG in fourth quarter exceeds projections
Scotia Capital Markets maintains a "sector underperform", 1-year target price is $8.75
Shiningbank Energy Income Fund (SHN.UN : TSX : $13.01)
Makes needed distribution cut and provides 2007 guidance
BMO Nesbitt Burns maintains a "market perform", target price is $13.00
CIBC World Markets maintains a "sector perform", target price is $13.50
RBC Capital Markets upgrades to "outperform", 12-month target price is raised to $14.75
Scotia Capital Markets maintains a "sector perform", 1-year target price raised to $14.00
TD Newcrest maintains a "buy", 12-month target price is $14.50
Softchoice Corp. (SO : TSX : $11.00)
Preliminary Q4 shows strong EA sales
Raymond James maintains "outperform", 6-12 month target price is $12.00
Sandvine Corp. (SVC : TSX : $2.70)
Reports fourth quarter results on January 24
Canaccord Adams maintains a "buy", target price is $2.85
Sherwood Copper (SWC : TSX-V : $4.38)
Lowered metal price forecasts
Blackmont Capital Maintains a "buy", 12-month target price is cut to $5.50
Stornoway Diamond (SWY : TSX : $1.13)
Unhappy shareholder makes voice heard through legal action
Raymond James maintains a "strong buy", 6-12 month target price is $1.70
Warnex Inc (WNX : TSX : $0.36)
Pharmacogenetics to be stage for new growth initiative
GMP Securities maintains a "buy", target price is $0.75
Whiterock REIT (WRK.UN : TSX : $13.83)
Potential deal risk
National Bank Financial maintains "sector perform", 12-month target price is cut to $14.00
Xceed Mortgage Corp. (XMC : TSX : $5.85)
Turnaround story exceeding expectations
Blackmont Capital maintains a "speculative buy", 12-month target price is $8.00
Yukon Zinc (YZC : TSX-V : $0.26)
Silver price forecast increase drives target price higher
Blackmont Capital maintains a "buy", 12-month target price is raised to $0.74
Zarlink Semiconductor (ZL : TSX : $2.65 | NYSE : US$2.27)
Market valuation continues to look attractive
Scotia Capital Markets maintains a "sector outperform", 1-year target price is $3.30
