 鲜花( 0)  鸡蛋( 0)
|
Ear on the Street --- Jan. 16 2009, Q. M# b: p7 M8 m! ^ e: t7 [. ~
+ g+ m! O( J( u# R' c1 BAbsolute Software (ABT : TSX : $3.36)
, F' y( S5 A9 D7 F: jBracing for a tough few quarters
% {; G: T6 X7 x- l' x! e8 yCanaccord Capital maintains "hold", 12-month target price is $4.50
! a0 O( d+ Y: X1 b) R: w3 I
4 J# R" Q6 _( ~! |( Z( fBarrick Gold Corp. (ABX : TSX : $39.73 | NYSE : US$31.45)
6 G5 e. a! h4 [0 y0 zGrowth outlook, challenging pipeline and high cost structure make future unclear' y) P2 u! Q, T; s0 E0 n
Blackmont Capital continues "hold", 12-month target price is lowered to $48.00
/ c$ \0 h% I: l# S( TTD Newcrest downgrades to "hold", 12-month target price is raised to US$37.00" l: F& d) O/ h4 j- Y8 z) y
' t! J4 ~( N6 AAstral Media (ACM.A : TSX : $22.98)
' J% L$ x8 `/ p/ s3 Y- sReleased Q1/09 results: strong, in light of challenging operating environment
' C* G0 \2 I* y4 K( ~& dBMO Capital Markets maintains "market perform", 12-month target price is reduced to $26.00
% j4 } b+ K i7 y& L# |Desjardins Securities maintains "buy", 12-month target price is slashed to $28.00
4 l: ?' r/ K- U$ |GMP Securities maintains "buy", 12-month target price is reduced to $30.00" `8 K- E( b. |' }6 P
RBC Capital Markets continues "outperform", 12-month target price is raised to $31.00
! C8 f) s! W* z" {, E4 I0 ~Scotia Capital Markets continues "sector outperform", 12-month target price is $30.005 x) E7 ^2 y7 o- Q6 y) d/ M
8 h. F) j' t) x; D8 }: i# p$ RAgnico-Eagle Mines (AEM : TSX : $57.00 | NYSE : US$45.07)6 T* e0 i7 f. { T0 R
Well positioned with gold production forecast to double this year and next
$ i. q+ u4 z2 QBlackmont Capital continues "buy", 12-month target price is lowered to $83.00
1 y" r; E/ U Z1 m" Q& BTD Newcrest upgrades to "action list buy", 12-month target price is raised to US$62.00
: Y m! q/ ]( }1 C
$ ?* e1 }0 n# n/ |1 P+ @ARC Energy Trust (AET.UN : TSX : $17.15)# J* p) e8 S# P5 ~' B" G. p
Reduced distributions by 20%; capex also cut
/ o0 }- ^6 D; cRBC Capital Markets continues "outperform", 12-month target price is $19.00
. Y" M4 c& r" z ^1 I
- I0 l( o& m& Q9 f( OAndean Resources (AND : TSX : $0.75)9 {# R! B. f1 M X9 o1 o( Y" v
Announced F09 outlook! N! `- J) K X* r
Paradigm Capital continues "speculative buy", 12-month target price is $2.25
& L1 J: P( I( O2 P' J- L rTD Newcrest downgrades to "hold", 12-month target price is cut to $1.00, B/ b/ f8 ?* O3 u) W
! R% X4 R3 S0 H p* c9 t- L: bBombardier Inc. (BBD.B : TSX : $4.65)5 }3 u: H7 A- b& {# X
Rising challenges in Aerospace
0 W) g/ K: B5 S5 U. r s7 FGMP Securities continues "buy", 12-month target price is $8.00' }" Z( T* i6 o( ~- _
( b* C j2 |' ]; g$ IBank of Montreal (BMO : TSX : $31.84)
$ w" J- i2 F3 I: R' CAcquiring AIG's Canadian life insurance business Y1 U( U$ X" X' I$ r5 ~
TD Newcrest continues "hold", 12-month target price is $37.00
( f& t" O9 ^& ~" k* Q6 K4 \, D* A/ A' |
Cogeco Cable (CCA : TSX : $33.37)" [& v" e" r3 g) X, g: E( t
Q1 review: Canada results encouraging, but Portugal remains a drag
1 y4 }. \& k, i0 ~% J8 TBMO Capital Markets maintains "outperform", 12-month target price is $46.00; {( j5 ^/ ^9 W/ S2 q4 n) ?9 e
Desjardins Securities continues "top pick", 12-month target price is $40.00
' n2 }4 I9 E% @7 jRBC Capital Markets maintains "sector perform", 12-month target price is raised to $43.00
& u/ S" o& Q7 M+ b% |5 WScotia Capital Markets continues "sector outperform", 12-month target price is $55.00% x* [: r7 ?& \0 U$ }; e8 ]
8 l" h q- m& K: q& R$ D- f) XCorridor Resources (CDH : TSX : $2.45)
$ t( R: x/ _8 v& S8 r2 |Capital budget set to expected cash flow; production guidance lowered% } p+ x8 k7 s) X6 ?( V0 W* {1 d
RBC Capital Markets maintains "outperform", 12-month target price is $4.25" r& T) m& ?: K
7 P, B F: W( XCOGECO Inc. (CGO : TSX : $25.14), Z/ ?. t0 D. A2 i
Strong radio and cable drives 39% EPS growth
0 x8 E. ~! l( o7 ~7 b2 _Scotia Capital Markets continues "sector perform", 12-month target price is $45.00! e8 u) r% E, m: U
/ D, { [# W( `; X- b% U
CanWest Global Communications (CGS : TSX : $0.51)
! I' \% c3 m8 G" ?) ETaking action to address tough operating environment2 l% f5 O8 }# |+ h: X' d" r
BMO Capital Markets maintains "underperform", no target price reported
: W/ d) j' D y! z4 K, a5 _& ?7 bCredit Suisse maintains "neutral", 12-month target price is $1.00& ~; a l9 j5 s# @* }9 g7 F5 w
GMP Securities continues "reduce", 12-month target price is $0.50
' J3 G9 D( d8 w& S% {$ LRBC Capital Markets continues "underperform", 12-month target price is $0.75
- @+ |" }" F' M2 B8 q# ?& d' rScotia Capital Markets continues "sector underperform", 12-month target price is $0.50
j' i" B0 R& B, _( _ }9 \: t1 n8 W9 O9 U0 V# H1 y
Corus Entertainment (CJR.B : TSX : $12.47)( y. T: {/ h. F2 |* Z. I+ c
Q1 revenues in line, EPS beat
' _% R6 J- K& C1 g0 w/ hBMO Capital Markets continues "market perform", 12-month target price is cut to $15.00
8 z* R" `' `8 F: Q# T; ?3 i/ zCredit Suisse continues "outperform", 12-month target price is $20.00
e# Q# e3 m9 O$ gDesjardins Securities maintains "buy", 12-month target price is lowered to $15.00" g- _/ _& Z& [
GMP Securities maintains "buy", 12-month target price is reduced to $17.00
% B0 L! O, \7 V, q/ iRBC Capital Markets maintains "outperform", 12-month target price is raised to $18.50
7 j' r/ e8 W" lScotia Capital Markets continues "sector outperform", 12-month target price is $18.00
5 Q- O6 B# x$ _7 F3 r! z D
$ |4 N; m8 u- ?- U" n3 @/ K6 ?# ?Calloway REIT (CWT.UN : TSX : $11.84)
# s7 C! Q) F* `" XHeld investor day
7 @% ~" n/ Z+ g# S% d: R; pScotia Capital Markets maintains "sector underperform", 12-month target price is $11.009 R6 X2 M D- d* E
9 R1 I2 S% Z* k6 Q
Daylight Resources Trust (DAY.UN : TSX : $7.77)
8 t4 U: A( _" P4 ?( x- D) fReduced distributions by 38%; guided for lower capex$ }1 c, M' |, g3 v" d
BMO Capital Markets maintains "market perform", 12-month target price is lowered to $9.00
" b, w1 j! Z$ ?; w( \) L1 m1 cDundee Capital Markets continues "buy", 12-month target price is $12.00
4 m# d5 O) L) i$ K$ @! qTD Newcrest continues "hold", 12-month target price is $7.50% W! A5 K* e# P" p8 r% n
+ j# }3 e5 k3 H9 Z
EXFO Electro-Optical Engin. (EXF : TSX : $3.65 | EXFO : NASDAQ : US$2.90)" }2 Y( t) q5 [
Steady market and currency tailwind
! n; W8 u8 V1 e- eTD Newcrest maintains "buy", 12-month target price is US$5.004 N# F1 ?: Y- s2 j/ r0 [
) w; K$ C0 j4 o
Goldcorp Inc. (G : TSX : $29.74)
# i9 U& C0 b/ g, Z, P: M; C6 t' vRevised commodity forecasts
. f5 G, z+ _/ K( kBlackmont Capital maintains "buy", 12-month target price is reduced to $49.00, Y/ o, K+ d: V O3 ]- T
. _5 o- s0 A1 A$ u( |; h3 F
Heritage Oil (HOC : TSX : $3.77). D! `7 H2 R" x( _
Announced Ugandan commerciality on exploration success! l2 R7 s6 ^' e m, r/ n l
TD Newcrest maintains "speculative buy", 12-month target price is raised to $5.508 k- T) D5 y0 J! N$ X: m2 s3 x
, o+ Z2 S7 J- _( ^! oHarry Winston Diamond (HW : TSX : $4.98)# ~! F7 F9 q- U
Retail division suffers7 C% a* P, u0 s
Desjardins Securities maintains "buy", 12-month target price is $12.60
# R& ]& e5 t2 p* S$ _) W1 Z8 E; W0 h2 m
Laramide Resources (LAM : TSX : $1.84)
2 q8 K- b8 G. XWestmoreland provided more high grade at Redtree's Jack Lens# c: Y4 p% s+ P
Dundee Capital Markets continues "buy", 12-month target price is $2.30
/ P; v! \$ T6 L+ k8 `+ X0 |4 C" X' h `; d0 e/ d6 G0 o; v5 B) K2 q% h
Lockerbie & Hole (LH : TSX : $6.00)! n7 J" Y: P& \0 R7 A
Released Q3/09 results: very strong, focus should be on active backlog7 B- F* s) i- p$ y5 M& p: d
GMP Securities continues "buy", 12-month target price is $9.00( |& X. \0 A7 l; B
Raymond James maintains "market perform", 6-12 month target price is $8.25
8 ~& k, c. E$ G# E" q
, O, A- Y% B# d6 N7 ]: Y7 tLivingston Intl Income Fund (LIV.UN : TSX : $6.00)- q1 E% A, N( g! [, {
Reduced distributions by 70%! x' p# u. M3 l& w( Q. O9 U. j
RBC Capital Markets maintains "outperform", no target price reported* R. f$ t, E8 h( q" u" B
Scotia Capital Markets continues "sector underperform", 12-month target price is $6.50- ^$ J a+ w) G
# G- m; }, k: A0 M# z; q
Matrikon Inc. (MTK : TSX : $2.04)- m. y, s8 d& v5 x' D+ m: l
Released Q1/09 results: a little light, but still respectable
/ {$ q6 g5 M: X. [BMO Capital Markets continues "outperform", 12-month target price is lowered to $2.50
; m9 g$ J( C0 d0 xParadigm Capital maintains "buy", 12-month target price is $4.003 y" A/ x! w+ h+ u
3 x% e) K% f( h9 M( w9 F
Mullen Group Income Fund (MTL.UN : TSX : $10.97)
8 q: T, v( q2 b4 O" MExpecting lower CFPU on higher taxes
' u+ ]8 a+ H p& G; g* L- H; oBMO Capital Markets continues "outperform", 12-month target price is $18.00$ U9 U. V* H; b) A& ?
RBC Capital Markets continues "sector perform", 12-month target price is $12.00, |; d/ S7 K" x( f. q
TD Newcrest continues "buy", 12-month target price is $17.003 A" e4 \6 S/ y/ `1 ?
$ Z$ \& t( S0 `1 _: t7 Y' M
Northgate Minerals Corp. (NGX : TSX : $1.08 | NXG : AMEX : US$0.86)
- H3 N& ?; X2 |" t* NReleased Q4/08 results: Kemess winding down, Aussie ops improving, growth remains uncertain
/ `1 K: }& [1 S; ^- }Blackmont Capital continues "hold", 12-month target price is reduced to $1.25
6 r& w' i+ ]' h; Z0 rCredit Suisse maintains "neutral", 12-month target price is US$1.001 s \3 D I Z
Scotia Capital Markets continues "sector underperform", 12-month target price is US$0.80
. v4 b+ ^: A* A8 m+ O7 F0 y$ Y$ A, }, p) {* v2 a
Neptune Tech & Bioresources (NTB : TSX-V : $0.79)6 Y- u% A& A2 ?8 n, C$ @
Dietary supplement business facing headwinds
* U% S) ?1 I2 z! ^1 |4 DParadigm Capital maintains "buy", 12-month target price is reduced to $4.00
% y0 O& U" ~% K, ?, u' S! y/ {( m" U
Open Range Energy (ONR : TSX : $1.18)6 M4 R) |8 p6 w. \
Provided operational update and F09 guidance# l6 [8 S# D! o! l { {
Haywood Securities continues "sector outperform", 12-month target price is $3.257 [. O9 W0 E u8 Q, U* b4 K
$ ~3 P0 K8 H+ E3 F8 D, hOsisko Mining (OSK : TSX : $3.13): b2 _. \/ l& T. T1 ^ B& v
South Barnat resource around the corner
j- v4 F; i2 A0 p! ^Paradigm Capital continues "speculative buy", 12-month target price is $4.75( o* m* n* [/ L) l7 Q" e2 Q( z; ~
* c4 H f# L6 t' h: t/ EPan American Silver (PAA : TSX : $17.39 | PAAS : NASDAQ : US$13.75)
. H- L9 y F3 e8 qProvided operational update2 u" z5 _ P; m
Blackmont Capital maintains "hold", 12-month target price is lowered to $19.00& Z( L6 M" g, N+ F: E) P4 Z) d; o
TD Newcrest downgrades to "hold", 12-month target price is raised to US$17.500 |0 L$ U R6 n: a8 Q u! `
% m( ?5 ]+ H( ?Paramount Resources (POU : TSX : $7.85)
1 H/ I2 p! m- F. L# y/ j/ aProvided operational update: Grande Prairie emerging as the key focus for F09
% i( V: O0 k# F- K0 x3 f* x& qGMP Securities maintains "buy", 12-month target price is $12.00
2 ~7 \% U( e% B; h/ K4 b
9 Y) b0 ~) x1 b9 K9 D. RRockwell Diamonds (RDI : TSX : $0.07)
% s+ p" I2 B. n1 ?Operations starting to turn the corner
- B; r# L2 [: ?0 v& R) P6 L4 eRBC Capital Markets maintains "outperform", no target price reported
4 L* E6 t0 x7 b) Y! ]
- ^! z4 B' D, n) O6 t) R9 X1 Z* qShaw Communications (SJR.B : TSX : $20.13)
2 n& T! G' N% _2 iReleased Q1/09 results: in line, subscribers ahead2 `- a! ~5 G. ~2 F4 N+ n
Credit Suisse maintains "neutral", 12-month target price is $25.50
; a, w( k+ I9 `9 _ `9 vGMP Securities continues "buy", 12-month target price is $26.50
; |8 E l @. Q5 B/ M
2 X2 `" j2 m6 YSun Life Financial Inc. (SLF : TSX : $25.95 | NYSE : US$20.48)% N3 \. x0 l+ e# z$ \/ s, k
Held a sell-side lunch showcasing new U.S. team
# `! s: d/ q9 d3 U$ Z9 VScotia Capital Markets maintains "sector perform", 12-month target price is $33.00
# v. T* O) S) s8 E! R4 B5 F- f8 K* q! {" D
Trican Well Service (TCW : TSX : $6.93)5 l7 K: \8 B- d; ^
Awarded Russian contracts
* q+ {5 `' u" N0 I2 U2 oBlackmont Capital maintains "hold", 12-month target price is reduced to $8.75; F( I5 n, v4 h) ]) k
Raymond James maintains "market perform", 6-12 month target price is lowered to $9.00; _4 G6 ^+ b$ m% s: P" T
RBC Capital Markets maintains "sector perform", 12-month target price is $10.00
G; N8 D! X* s7 N$ F' u6 ^$ ^0 X5 D' R6 T% o
Sino-Forest Corp. (TRE : TSX : $8.93)( s) |: N' q, [" `) B1 Z+ E
Chinese furniture exports rose in November+ n, g: ]4 R( |9 F5 R/ Q5 [
Dundee Capital Markets maintains "buy", 12-month target price is $23.50
2 u3 y. N8 ^) [: u* p8 T q) I h" [0 s8 q
UEX Corp. (UEX : TSX : $0.88)
9 i J' P, k4 s& c$ z1 D1 sShea Creek's two largest deposits have become one0 q, t$ n$ F; u* b
Dundee Capital Markets maintains "buy", 12-month target price is $2.75
$ t4 \+ [0 p/ ~' O- z1 k$ Q! E) Z$ Z/ V; m) K6 G( J
Vero Energy (VRO : TSX : $4.72)
! J$ e) {9 w$ {' PReleased Q4/08 results: horizontal focus to continue in F09
* L! |- ~2 C' P( S- M( yDundee Capital Markets continues "buy", 12-month target price is $8.00
$ F1 r! b- X& o# TGMP Securities continues "buy", 12-month target price is $7.50! e* _" X9 R4 F3 w
Paradigm Capital continues "buy", 12-month target price is $12.00
, l: K n6 A% k* P9 V& A+ o+ |RBC Capital Markets maintains "outperform", 12-month target price is $8.50
, {" P- c( T7 ]+ O$ @
% n. Q4 y' i3 [2 W3 l# c ?Wi-Lan Inc (WIN : TSX : $1.75)
2 H! A" Z1 F( ]% vHit homerun with Samsung
" g- c1 P9 F m/ tParadigm Capital continues "buy", 12-month target price is $3.50 |
|