Nov 6 (Reuters) – Securities analysts revised their ratings and price targets on several
Canadian companies, including Black Diamond Group, Fortress Paper and Absolute Software, on
Tuesday.
HIGHLIGHTS
* Absolute Software : Paradigm Capital, TD Securities cut target on the stock
* Churchill Corp : Raymond James, CIBC, others cut target on the stock
* Fortress Paper : TD Securities cuts rating; RBC, Canaccord Genuity cut target
* MDA : BMO raises target price to C$63 from C$56
Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
* Absolute Software : TD Securities cuts target to C$5.50 from C$7.50; rating buy
* Absolute Software : Paradigm Capital cuts price target to C$5 from C$7; rating buy
* Absolute Software : PI Financial cuts to neutral from buy; target to C$4 from C$6
* Bioniche Life Sciences : Northland Capital cuts to sector perform
* Black Diamond Group : BMO raises target price to C$26 from C$25; outperform rating
* Canadian Utilities : Barclays cuts target to C$74 from C$76; rating equal weight
* Churchill Corp : CIBC cuts target price to C$8 from C$9; rating sector performer
* Churchill Corp : Paradigm Capital cuts target to C$7.75 from C$8.25; rating hold
* Churchill Corp : Raymond James cuts target to C$9 from C$10; rating market perform
* Churchill Corp : Stonecap Securities cuts target to C$7.50 from C$8
* Coast Wholesale Appliances : M Partners cuts target price to C$3.50 from C$3.85
* Fortress Paper : Canaccord Genuity cuts target price to C$9 from C$13; rating hold
* Fortress Paper : RBC cuts target price to C$14 from C$21; rating outperform
* Fortress Paper : TD Securities cuts to reduce from hold
* Hudbay Minerals : Paradigm Capital cuts target to C$17.50 from C$18.50; rating buy
* Inmet Mining : Paradigm Capital raises price target to C$66 from C$65; rating buy
* Lachlan Star : Stonecap Securities starts with outperform rating; target of C$2.35
* Mason Graphite : Stonecap Securities starts with outperform rating
* MDA : BMO raises target price to C$63 from C$56; outperform rating
* Mediagrif Interactive Technologies : Pi Financial starts with buy
* Novadaq Technologies : TD Securities raises target to C$12 from C$10; rating hold
* Orocobre Ltd : Dundee Capital cuts target price to c$2.80 from c$2.85; rating buy
* Penn West Petroleum : RBC cuts price target to C$13 from C$15
* Savanna Energy Services Corp : PI Financial cuts target price to c$9 from c$10.50
* Savanna Energy Services : RBC cuts target to C$10 from C$11; rating outperform
* Secure Energy Services : Raymond James raises target to C$11.25 from C$10.50
* TVA Group : RBC raises price target to C$9 from C$8; rating sector perform
* Uranium Participation Corp : Dundee Capital cuts target to C$7.50 from C$9.40
* Uranium One : Dundee cuts price target to C$3.50 from C$4.30; rating buy
