Ear on the Street
Algoma Steel (AGA : TSX : $49.00)
Company for sale
BMO Capital Markets maintains "outperform", 12-month target price is $60.00
Abitibi-Consolidated (A : TSX : $3.16 | ABY : NYSE : US$2.70)
Lower newsprint price outlook forecast
TD Newcrest maintains "hold", 12-month target price is cut to $3.50
Aurora Energy Resources (AXU : TSX : $14.06)
Analysts revise up in situ uranium values
Canaccord Adams upgrades to "buy", 12-month target price is raised to $21.00
BFI Canada Income Fund (BFC.UN : TSX : $26.93)
Organic growth helps Q4 results exceed forecasts
RBC Capital Markets maintains a "underperform", target price raised to $24.50
Blue Pearl Mining (BLE : TSX : $9.34)
Announces plans to prepay Second Lien Credit Facility
GMP Securities maintains a "buy", target price raised to $12.00
Biovail (BVF : TSX : $24.18 | NYSE : US$20.57)
Fourth-quarter results expected tomorrow
RBC Capital Markets maintains a "outperform", target price is US$24.00
Bowater Inc. (BWX : TSX : $27.95 | BOW : NYSE : US$23.10)
Next couple years to see more conservative newsprint price
TD Newcrest maintains a "hold", 12-month target price is cut to US$26.00
Canfor Corporation (CFP : TSX : $12.00)
Voting agreement formed by three institutional investors who collectively own 52% of common shares
RBC Capital Markets continues to rate "sector perform", target price is $11.00
CML Healthcare Income Fund (CLC.UN : TSX : $14.50)
Fourth-quarter results expected this morning
Blackmont Capital maintains a "buy", 12-month target price is $15.50
Carmanah Technologies (CMH : TSX : $3.28)
Disappointing results
GMP Securities rates a "hold", target price cut to $3.50
CIBC (CM : TSX : $101.73)
Positive takeaways from meeting with management
Desjardins Securities maintains a "buy", target price is $110.00
Cangene Corp. (CNJ : TSX : $8.35)
Receives approval letter from FDA for Accretropin; seven issues raised by FDA
RBC Capital Markets maintains a "sector perform", target price is $10.00
Cordero Energy (COR : TSX : $4.91)
Fourth-quarter results meet expectations
BMO Nesbitt Burns maintains a "outperform", target price is $6.50
Raymond James maintains a "outperform", 6-12 month target price is $7.25
Crescent Point Energy Trust (CPG.UN : TSX : $17.00)
Posts top quartile reserve results
BMO Nesbitt Burns maintains a "outperform", target price is $21.00
Canaccord Adams maintains a "buy", target price is $21.00
Haywood Securities rates a "sector outperform", target price is $19.25
TD Newcrest maintains a "buy", 12-month target price is $18.50
Crew Energy Inc (CR : TSX : $8.91)
Completes restatement of Q4 and annual 2006 statements
RBC Capital Markets maintains a "sector perform", target price cut to $12.00
Chartwell Seniors Housing REIT (CSH.UN : TSX : $16.07)
Looks solid going forward
RBC Capital Markets downgrades to "sector perform", target price raised to $17.00
Crosshair Exploration & Mining (CXX : TSX-V : $3.17)
Analysts revise up in situ uranium values
Canaccord Adams maintains "buy", 12-month target price is raised to $4.60
Dundee REIT (D.UN : TSX : $40.50)
Q4 in line
BMO Capital Markets maintains "outperform", 12-month target price is $44.00
Energy Metals (EMC : TSX : $12.17)
Analysts revise up in situ uranium values
Canaccord Adams maintains "buy", 12-month target price is raised to $14.15
Fairborne Energy Trust (FEL.UN : TSX : $9.00)
Acquired Fairquest Energy Ltd.
Blackmont Capital maintains "buy", 12-month target price is $10.00
BMO Capital Markets maintains "underperform", 12-month target price is cut to $8.50
Raymond James maintains "outperform", 6-12 month target price is $11.50
FNX Mining Company (FNX : TSX : $22.34)
Higher nickel price forecast
Canaccord Adams maintains "buy", 12-month target price is raised to $28.00
Fairquest Energy (FQE : TSX : $3.26)
Combination with Fairborne Energy Trust
BMO Capital Markets maintains "market perform", 12-month target price is cut to $3.50
Raymond James downgrades to "market perform", 6-12 month target price is cut to $3.75
Four Seasons Hotels (FSH : TSX : $95.30 | FS : NYSE : US$81.22)
Q4 in line
RBC Capital Markets maintains "sector perform", 12-month target price is US$82.00
Forsys Metals (FSY : TSX : $7.21)
Analysts revise up in situ uranium values
Canaccord Adams downgrades to "hold", 12-month target price is raised to $7.90
GBS Gold International (GBS : TSX : $2.95)
Q1 production negatively affected by Monsoon rains
Haywood Securities maintains "sector outperform", 12-month target price is cut to $4.90
Imperial Oil (IMO : TSX : $41.53 | AMEX : US$35.37)
Cost estimate doubles for Mackenzie
RBC Capital Markets maintains "sector perform", 12-month target price is $42.00
Ivernia Inc. (IVW : TSX : $1.40)
Port shipments suspended
Haywood Securities changes the rating to "under review", 12-month target price is "under review"
LionOre Mining International (LIM : TSX : $15.93)
Higher nickel price forecast
Canaccord Adams maintains "buy", 12-month target price is raised to $23.00
Loblaw Companies (L : TSX : $47.31)
Under 20% of the business affected by RCSS in Ontario
Desjardins Securities maintains "hold", 12-month target price is $50.00
MGM Energy (MGX : TSX : $5.00)
Mackenzie Valley pipeline delayed
BMO Capital Markets downgrades to "market perform", 12-month target price is cut to $5.25
Masters Energy (MSY : TSX : $2.54)
Q4 CFPS lower than expected
Raymond James maintains "outperform", 6-12 month target price is cut to $3.75
Petro-Canada (PCA : TSX : $41.90 | PCZ : NYSE : US$35.76)
No near term catalyst
BMO Nesbitt Burns maintains "market perform", 12-month target price is cut to $52.00
Royal Host REIT (RYL.UN : TSX : $7.19)
Focus on opportunistic acquisitions
TD Newcrest rates "buy", 12-month target price is $7.50
Scott's REIT (SRQ.UN : TSX : $11.00)
Recent price appreciation
BMO Nesbitt Burns maintains "market perform", 12-month target price is $11.25
Desjardins Securities rates "buy", 12-month target price is $11.95
Synenco Energy (SYN : TSX : $9.90)
Lowering financial estimates
BMO Nesbitt Burns maintains "market perform", 12-month target price is cut to $11.00
TransAlta Corp. (TA : TSX : $24.53 | TAC : NYSE : US$20.80)
Greenhouse gas law
RBC Capital Markets rates "underperform", 12-month target price is $24.00
TransCanada Corp. (TRP : TSX : $38.35 | NYSE : US$32.64)
Higher cost estimate for MVP
RBC Capital Markets rate "outperform", 12-month target price is $46.00
Tournigan Gold (TVC : TSX-V : $2.85)
Awaiting resource estimate
Canaccord Capital rates "speculative buy", 12-month target price is $3.75
Uni-Select Inc. (UNS : TSX : $31.00)
US auto market ripe for consolidation
RBC Capital Markets rates "outperform", 12-month target price is $38.00
Vero Energy (VRO : TSX : $5.70)
Production ahead of forecast
BMO Nesbitt Burns rates "outperform", 12-month target price is $8.00
ZCL Composites (ZCL : TSX : $13.40)
Contract announcement
Raymond James maintains "outperform", 12-month target price is $14.75
