Ear on the Street
AutoCanada Income Fund (ACQ.UN : TSX : $10.25)
Q4 preview
Raymond James maintains "strong buy", 6-12 month target price is $12.00
Altius Minerals Corp (ALS : TSX : $11.84)
Q3 meets expectations
Haywood Securities maintains "sector outperform", 12-month target price is $15.00
Addax Petroleum (AXC : TSX : $34.47)
To report Q4 today
Scotia Capital Markets maintains "sector outperform", 12-month target price is $42.50
Anderson Energy (AXL : TSX : $4.19)
Q4 better than expected
BMO Capital Markets maintains "market perform", 12-month target price is $4.50
RBC Capital Markets maintains "sector perform", 12-month target price is $5.00
Black Diamond Income Fund (BDI.UN : TSX : $8.80)
Awarded a significant contract from Canadian Natural Resources
Raymond James upgrades to "strong buy", 6-12 month target price is raised to $11.00
BFI Canada Income Fund (BFC.UN : TSX : $26.06)
$81 million equity financing
RBC Capital Markets maintains "sector perform", 12-month target price is cut to $26.00
Bank of Nova Scotia (BNS : TSX : $53.87)
Closer to purchase a Chinese bank
Blackmont Capital maintains "buy", 12-month target price is $61.00
Connors Bros. Income Fund (CBF.UN : TSX : $11.68)
Q4 reported yesterday
Blackmont Capital maintains "sell", 12-month target price is $9.00
Cameco Corp. (CCO : TSX : $45.10)
Updates on Cigar Lake
BMO Capital Markets maintains "underperform", 12-month target price is $40.00
CIBC World Markets maintains "sector outperform", 12-month target price is $51.00
RBC Capital Markets maintains "top pick", 12-month target price is $60.00
TD Newcrest maintains "hold", 12-month target price is $50.00
Coeur D'alene Mines (CDM : TSX : $4.65 | CDE : NYSE : US$4.00)
Negative U.S. court ruling
RBC Capital Markets maintains "sector perform", 12-month target price is $5.50
Canadian National Railway (CNR : TSX : $51.92)
New Street coverage
CIBC World Markets initiates coverage with a "sector outperform", 12-month target price is $64.00
Cardiome Pharma (COM : TSX : $12.09 | CRME : NASDAQ : US$10.37)
Potential news flow drivers late in 2007
Canaccord Adams maintains "buy", 12-month target price is $21.40
Canadian Pacific Railway (CP : TSX : $64.08)
New Street coverage
CIBC World Markets initiates coverage with a "sector perform", 12-month target price is $70.00
Creststreet Power & Income (CRS.UN : TSX : $5.10)
Slightly higher amortization expense in 2006
BMO Capital Markets maintains "underperform", 12-month target price is $4.25
Churchill Corporation (CUQ : TSX : $6.00)
Better than expected results
Blackmont Capital rates "buy", 12-month target price is $8.75
Canadian Royalties Inc (CZZ : TSX : $3.04)
Planned expansion of the Raglan plant
Blackmont Capital maintains "buy", 12-month target price is raised to $3.95
Deepwell Energy Service Trust (DWL.UN : TSX : $5.50)
Distribution cut
Raymond James maintains "outperform", 6-12 month target price is $10.00
Dynatec Corp. (DY : TSX : $3.02)
Share price surge appears to be driven by the rise in FNX's stock price
CIBC World Markets maintains "sector outperform", 12-month target price is raised to $3.50
Ensign Energy Services (ESI : TSX : $19.00)
No surprise in Q4
BMO Capital Markets upgrades to "outperform", 12-month target price is raised to $23.00
Canaccord Capital rates "buy", 12-month target price is $24.00
CIBC World Markets maintains "sector perform", 12-month target price is $22.00
Raymond James maintains "market perform", 12-month target price is $21.00
RBC Capital Markets rates "sector perform", 12-month target price is $22.00
Scotia Capital Markets maintains "sector perform", 12-month target price is $20.75
TD Newcrest maintains "hold", 12-month target price is $23.00
Essential Energy Services (ESN.UN : TSX : $5.61)
4Q results released
Raymond James maintains "outperform", 12-month target price is $7.00
FirstService Corp. (FSV : TSX : $29.36)
To acquire ServiceMaster
Raymond James maintains "strong buy", 12-month target price is $32.50
Great Canadian Gaming (GCD : TSX : $11.79)
Bad weather affected visitations
BMO Capital Markets maintains "market perform", 12-month target price is $13.00
GMP Securities maintains "hold", 12-month target price is cut to $11.80
Raymond James maintains "market perform", 12-month target price is $14.00
RBC Capital Markets rates "sector perform", 12-month target price is $12.50
TD Newcrest maintains "hold", 12-month target price is raised to $12.00
Gateway Casinos Income Fund (GCI.UN : TSX : $19.35)
To issue 0.55 million units to Cascades Casino
Scotia Capital Markets maintains "sector perform", 12-month target price is $20.50
MEGA Brands (MB : TSX : $26.25)
Increases in U.K market share
CIBC World Markets maintains "sector outperform", 12-month target price is $32.00
Marsulex Inc. (MLX : TSX : $11.75)
Growth stock with a dividend
Blackmont Capital rates "buy", 12-month target price is $12.00
Nova Chemicals Corp (NCX : TSX : $38.32 | NYSE : US$32.96)
Reliance takeover rumour likely incorrect
Canaccord Adams maintains a "buy", target price is US$40.00
Scotia Capital Markets maintains "sector underperform", 12-month target price is $41.00
Novadaq Technologies (NDQ : TSX : $9.15)
Fourth-quarter results meet expectations
RBC Capital Markets maintains a "outperform", target price is $14.00
Northern Property REIT (NPR.UN : TSX : $25.84)
Solid Q4 in line
Blackmont Capital maintains "buy", 12-month target price is $26.50
Nortel Networks Corp. (NT : TSX : $30.28 | NYSE : US$26.03)
A turnaround could be a bumpy ride
BMO Capital Markets maintains "market perform", 12-month target price is US$30.00
Scotia Capital Markets maintains "sector outperform", 12-month target price is $40.00
TD Newcrest maintains a "buy", 12-month target price is US$35.00
Pembina Pipeline Income Fund (PIF.UN : TSX : $16.11)
Posts in line 2006 results
CIBC World Markets maintains a "sector perform", target price raised to $15.50
Paramount Resources (POU : TSX : $16.61)
Fourth-quarter results slightly lower than expected
BMO Capital Markets maintains "market perform", 12-month target price is cut to $22.00
GMP Securities downgrades to "buy", target price cut to $27.00
RBC Capital Markets maintains a "sector perform", target price cut to $21.00
Scotia Capital Markets maintains "sector underperform", 12-month target price is $19.75
TD Newcrest maintains a "buy", 12-month target price is cut to $30.00
Peerless Energy (PRY.A : TSX : $2.95)
Announces success along the Peace River Arch
GMP Securities reiterates "buy", target price is $5.25
ProspEx Resources (PSX : TSX : $3.90)
Q4 and year-end results more or less in line
Raymond James maintains a "outperform", 6-12 month target price is $5.25
TD Newcrest maintains a "buy", 12-month target price is $6.00
Royal Bank of Canada (RY : TSX : $57.42 | NYSE : US$49.34)
Enron lawsuit was a non-issue
BMO Capital Markets maintains "outperform", 12-month target price is $60.00
TD Newcrest maintains a "action list buy", 12-month target price is raised to $67.00
Stratos Global (SGB : TSX : $6.54)
Inmarsat indirectly bids for Stratos - The ball is in Apax's court
BMO Capital Markets maintains "market perform", 12-month target price is raised to $6.40
Canaccord Adams maintains a "buy", target price is $6.55
GMP Securities recommends "tender", target price raised to $6.40
Scotia Capital Markets maintains "tender", 12-month target price is $6.40
TD Bank (TD : TSX : $69.47 | NYSE : US$59.72)
Enron lawsuit was a non-issue
BMO Capital Markets maintains "outperform", 12-month target price is $75.00
Sino-Forest Corp. (TRE : TSX : $10.85)
Execution now the focus
Haywood Securities maintains a "sector outperform", target price is $13.00
Domtar Canada Paper (UFX : TSX : $11.60 | UFS : NYSE : US$9.81)
Incorporating in the U.S.
BMO Capital Markets maintains "outperform", 12-month target price is raised to US$12.50
Vero Energy (VRO : TSX : $5.67)
$19.2 million bought deal financing
BMO Capital Markets maintains "outperform", 12-month target price is $8.00
XS Cargo Income Fund (XSC.UN : TSX : $7.22)
Disappointing Q4 numbers
CIBC World Markets maintains a "sector perform", target price cut to $8.00
Yamana Gold Inc. (YRI : TSX : $16.66)
Ahead of plan at Chapada
Blackmont Capital maintains a "buy", 12-month target price is $20.00
