 鲜花( 0)  鸡蛋( 0)
|
Ear on the Street --- Jan. 16 20091 U/ |2 ?, R; b0 j/ y) g4 ~. H
9 r0 g4 G) H0 h" ZAbsolute Software (ABT : TSX : $3.36)
- A) p. S1 h1 S% [% r6 }; a4 ]7 LBracing for a tough few quarters* `6 k0 [8 ~( W" _: t$ |& M; i- p
Canaccord Capital maintains "hold", 12-month target price is $4.50
1 C I1 W$ {0 c1 h0 E" y H! X; ?% i* R# \/ ]0 i
Barrick Gold Corp. (ABX : TSX : $39.73 | NYSE : US$31.45) w. A/ h2 d2 f2 `, @$ H
Growth outlook, challenging pipeline and high cost structure make future unclear! ^1 i/ n" U0 Z8 G) h! }/ E
Blackmont Capital continues "hold", 12-month target price is lowered to $48.00
$ e+ R) t) p! B( ~: j; iTD Newcrest downgrades to "hold", 12-month target price is raised to US$37.00
" Q& e5 s" w, S' h# J- _" [
" g& R0 H3 a3 i5 S. U) ?6 n3 [Astral Media (ACM.A : TSX : $22.98)
) k/ z! c1 W6 x8 cReleased Q1/09 results: strong, in light of challenging operating environment: U4 n, |+ @8 c+ Y8 u3 i
BMO Capital Markets maintains "market perform", 12-month target price is reduced to $26.00 ]( Y2 X0 p4 J/ @
Desjardins Securities maintains "buy", 12-month target price is slashed to $28.00& G4 W: \% ?+ D2 @$ N N
GMP Securities maintains "buy", 12-month target price is reduced to $30.00
# o+ ^- y4 I" D1 `+ ]2 z9 `RBC Capital Markets continues "outperform", 12-month target price is raised to $31.00
6 T/ X0 [1 O* MScotia Capital Markets continues "sector outperform", 12-month target price is $30.00# @# p) r c4 y! b! K7 ~# j
! p: q3 t7 i6 B" ]! [! T2 f
Agnico-Eagle Mines (AEM : TSX : $57.00 | NYSE : US$45.07)# T3 q! ~# W" V5 ?$ a8 }
Well positioned with gold production forecast to double this year and next0 ]5 k5 N1 ?% D( M4 X* N* b7 R
Blackmont Capital continues "buy", 12-month target price is lowered to $83.00
( X6 h* c/ U8 j4 c% a0 _3 ?* m1 ~TD Newcrest upgrades to "action list buy", 12-month target price is raised to US$62.00
" F5 l# ]& q7 u A9 J
' \4 {4 F. o. T) b8 i% t# F, tARC Energy Trust (AET.UN : TSX : $17.15)2 N1 D1 A1 `5 [( T j
Reduced distributions by 20%; capex also cut
4 G+ v! ` y* z3 _' VRBC Capital Markets continues "outperform", 12-month target price is $19.00
. |& J5 ?- W1 X/ C9 k
8 h( p- ^. m$ j v! UAndean Resources (AND : TSX : $0.75)5 i# {+ @' z _
Announced F09 outlook
( K: J! x/ S, T+ IParadigm Capital continues "speculative buy", 12-month target price is $2.25
8 Z$ ^' \! {7 t( A! W. J4 VTD Newcrest downgrades to "hold", 12-month target price is cut to $1.00
) \- \) |2 l, z% l# {2 W: U* z5 t/ {" v* [7 A" U) t
Bombardier Inc. (BBD.B : TSX : $4.65)
' A" {+ W' @ r, qRising challenges in Aerospace
4 d: R( r0 m7 @, C+ z( nGMP Securities continues "buy", 12-month target price is $8.00
4 E4 a' M5 P. |' F. A2 \- b1 w% b) K! B+ R" p! W0 d" d2 J
Bank of Montreal (BMO : TSX : $31.84)
- S+ ]" y. r- p) I+ k! wAcquiring AIG's Canadian life insurance business9 J L- s8 A: c! C$ x2 l4 }' M
TD Newcrest continues "hold", 12-month target price is $37.00
8 j" T% N8 X4 }- y% r+ @$ ^
) V- `. T5 Y* Y( W' N$ a% |Cogeco Cable (CCA : TSX : $33.37)/ d" m# b- K# N, h' A+ O4 u; f
Q1 review: Canada results encouraging, but Portugal remains a drag
9 t8 B9 U* M4 `5 v+ E7 SBMO Capital Markets maintains "outperform", 12-month target price is $46.00
( I9 Z5 R0 g' {5 |9 O6 @$ rDesjardins Securities continues "top pick", 12-month target price is $40.00. J% l+ d$ O5 b% r- D) ?0 V$ }3 n
RBC Capital Markets maintains "sector perform", 12-month target price is raised to $43.006 h0 |. D& I6 K& m% v
Scotia Capital Markets continues "sector outperform", 12-month target price is $55.009 q, z6 D4 D2 {! \
9 N. L8 {! o Y6 w2 Q6 x( pCorridor Resources (CDH : TSX : $2.45)# q/ J! T' M( a* ^, ]
Capital budget set to expected cash flow; production guidance lowered
; K; r$ y! U" Y" m D" uRBC Capital Markets maintains "outperform", 12-month target price is $4.25
2 W' A+ X' P9 v: c- Z* N4 B6 o' V* [
COGECO Inc. (CGO : TSX : $25.14)7 Y( y# ?4 C: i k: C8 d1 @
Strong radio and cable drives 39% EPS growth
; k5 S5 i- }8 |" _5 AScotia Capital Markets continues "sector perform", 12-month target price is $45.00) \3 u- G9 Z3 U4 x: F
! X. E6 L; s4 {' _5 k1 NCanWest Global Communications (CGS : TSX : $0.51)/ G6 D3 x% v( h: P+ T- t! X
Taking action to address tough operating environment! l4 Z$ x$ j4 |% l3 J9 K' \" W
BMO Capital Markets maintains "underperform", no target price reported
+ ~# Y$ z' {: k. p0 b% l! PCredit Suisse maintains "neutral", 12-month target price is $1.00
( d/ ?2 `! C& j e7 `$ H( @" D. WGMP Securities continues "reduce", 12-month target price is $0.50
% }1 q$ P% N0 ]1 t/ e- m- s* xRBC Capital Markets continues "underperform", 12-month target price is $0.75 l; U7 V7 f e5 K# G) a% j
Scotia Capital Markets continues "sector underperform", 12-month target price is $0.508 j* h0 o8 X9 j- u- o
% n; s, @! j/ ] xCorus Entertainment (CJR.B : TSX : $12.47)
' {& Q9 h/ w. ?Q1 revenues in line, EPS beat
/ s# P- e) v# n2 \9 V9 xBMO Capital Markets continues "market perform", 12-month target price is cut to $15.00
+ }- s- C$ e/ q G+ XCredit Suisse continues "outperform", 12-month target price is $20.00
; n3 n; K1 v6 F6 W* y) Y$ gDesjardins Securities maintains "buy", 12-month target price is lowered to $15.005 ^7 @* S8 g: }! X
GMP Securities maintains "buy", 12-month target price is reduced to $17.00
1 E) v5 `: }# TRBC Capital Markets maintains "outperform", 12-month target price is raised to $18.50
( s2 s, i3 \" v1 F z( F" PScotia Capital Markets continues "sector outperform", 12-month target price is $18.00( p8 V" o2 W; R' U2 G( c
; C \$ Q, H1 C! l) C3 h
Calloway REIT (CWT.UN : TSX : $11.84)
8 |' a" w$ m% |Held investor day
# }6 {- G6 {/ e" k9 g( l V! TScotia Capital Markets maintains "sector underperform", 12-month target price is $11.001 n' P- g$ m# R* ?( n( [: l$ `
3 E9 G* r2 }) q
Daylight Resources Trust (DAY.UN : TSX : $7.77)
! S% X* P2 C: M f! PReduced distributions by 38%; guided for lower capex0 z0 H2 K3 n+ }1 b- l: ^$ h' ^
BMO Capital Markets maintains "market perform", 12-month target price is lowered to $9.00
" Z M: f4 l2 G/ h7 k& vDundee Capital Markets continues "buy", 12-month target price is $12.005 l3 x3 V: {+ V) f( ^' o3 A
TD Newcrest continues "hold", 12-month target price is $7.50" D) a, J- a# k! n6 O' P9 R0 ^$ J# S+ N
0 f3 \- K- f+ X0 | j PEXFO Electro-Optical Engin. (EXF : TSX : $3.65 | EXFO : NASDAQ : US$2.90)
! i, C9 Z7 N% z; C6 m' x3 GSteady market and currency tailwind2 ]. a" C1 w' _& R1 U* S9 [3 R
TD Newcrest maintains "buy", 12-month target price is US$5.00
. O* d$ t; B4 C! G1 w, g4 D
6 B- ?$ ?( K1 X* a8 S& B1 i# dGoldcorp Inc. (G : TSX : $29.74)4 Y# p7 H9 C# T* Z4 @
Revised commodity forecasts
& O5 i0 c$ K+ I* P. i! jBlackmont Capital maintains "buy", 12-month target price is reduced to $49.00- @7 @. T1 n* }+ B# \
* C1 c# w. I" B2 ?/ p1 T- `: O8 p8 PHeritage Oil (HOC : TSX : $3.77)2 C$ O4 n: ]. Q% R
Announced Ugandan commerciality on exploration success4 n1 V1 X6 n, l6 \( Y: F8 e8 a8 u- n
TD Newcrest maintains "speculative buy", 12-month target price is raised to $5.50
& F8 X& M. _3 B" t+ ^
. ?0 h; B; T0 ~& a/ tHarry Winston Diamond (HW : TSX : $4.98); e) O& O7 d8 z' l# Q6 r
Retail division suffers, }; y! m/ E4 A2 ?
Desjardins Securities maintains "buy", 12-month target price is $12.60, Z: w. L$ G! o6 _3 {0 G
3 p6 Z7 O3 Q8 cLaramide Resources (LAM : TSX : $1.84)
3 \) t% u" f: C' CWestmoreland provided more high grade at Redtree's Jack Lens7 q& W$ U- n, s5 r: u- a" X6 i
Dundee Capital Markets continues "buy", 12-month target price is $2.307 ~9 O; Y) {' a0 W @0 n" u# y
2 Y. B q4 f6 c, B7 }- ULockerbie & Hole (LH : TSX : $6.00)
7 ?. P0 _' H f* V* K- {- Z9 cReleased Q3/09 results: very strong, focus should be on active backlog0 X5 V0 s6 P7 z6 E6 V
GMP Securities continues "buy", 12-month target price is $9.00 q4 a( i+ j; a, V5 e: _9 g& ^3 C
Raymond James maintains "market perform", 6-12 month target price is $8.25& t5 H* C5 e/ K! f" G, l
0 ?; S$ X5 A. z2 x) bLivingston Intl Income Fund (LIV.UN : TSX : $6.00). U5 D/ l H: a D" J7 n/ ~' f
Reduced distributions by 70% P6 X# E. P1 G( X- P
RBC Capital Markets maintains "outperform", no target price reported
2 S. A$ }* G+ e/ u% i* X) ?* bScotia Capital Markets continues "sector underperform", 12-month target price is $6.50* p* M' I- }) k/ a+ I/ v* F
/ T/ R- Y0 v' n+ W+ f4 FMatrikon Inc. (MTK : TSX : $2.04)
8 q1 z$ l/ p, ^7 O$ X& @" MReleased Q1/09 results: a little light, but still respectable- e" y% y8 d" j: |
BMO Capital Markets continues "outperform", 12-month target price is lowered to $2.50
) l, `* Z, T; Z0 a$ _1 \# _/ NParadigm Capital maintains "buy", 12-month target price is $4.00
; l, J' g; g" ~3 R( ?; q
1 I6 P2 B; w0 PMullen Group Income Fund (MTL.UN : TSX : $10.97)% A( g/ D- H. g+ K0 Z3 T
Expecting lower CFPU on higher taxes
1 _7 J% b& M3 P4 W' C; ?BMO Capital Markets continues "outperform", 12-month target price is $18.007 X; T% s a6 \" a( ]( W$ P
RBC Capital Markets continues "sector perform", 12-month target price is $12.00: p+ i0 a T0 o
TD Newcrest continues "buy", 12-month target price is $17.00* }7 m+ s) r- ]7 |6 @' L
& f1 r( o+ D3 q
Northgate Minerals Corp. (NGX : TSX : $1.08 | NXG : AMEX : US$0.86)
5 |! {1 B+ J7 c f# k. f& BReleased Q4/08 results: Kemess winding down, Aussie ops improving, growth remains uncertain; O6 v* | ]0 N: H
Blackmont Capital continues "hold", 12-month target price is reduced to $1.25
$ Z# H- {2 l1 [6 d' F4 BCredit Suisse maintains "neutral", 12-month target price is US$1.00
- @- \% ~; R0 n; a n/ t3 n6 f7 eScotia Capital Markets continues "sector underperform", 12-month target price is US$0.80- ^5 U w1 M% Z
9 e0 d: O6 S( u% ]) g& q" F: C
Neptune Tech & Bioresources (NTB : TSX-V : $0.79)/ o& `. g% l3 n' `
Dietary supplement business facing headwinds
# k+ I5 p6 u, e y$ a/ o7 pParadigm Capital maintains "buy", 12-month target price is reduced to $4.009 M5 _& F* X$ F
, `' C; a G- k$ F3 J9 `# \Open Range Energy (ONR : TSX : $1.18)
0 y5 Y6 r# V: Q0 ~* yProvided operational update and F09 guidance- q! }8 Q! t$ I) I) f: s
Haywood Securities continues "sector outperform", 12-month target price is $3.25# I; P, x0 S$ H" W9 Z
2 V7 z% f% H7 [& \4 |8 g5 |# `& m% q
Osisko Mining (OSK : TSX : $3.13)7 a7 b- Q1 Y7 x6 D" W
South Barnat resource around the corner9 n9 w) x0 F0 |7 e# W3 b$ y
Paradigm Capital continues "speculative buy", 12-month target price is $4.75
& V3 w1 D3 U8 F; x5 S1 E' ~* `: C0 H9 S$ x. b) o( s. j6 T
Pan American Silver (PAA : TSX : $17.39 | PAAS : NASDAQ : US$13.75)
5 \% S) H3 p3 n9 _( uProvided operational update5 g; G/ v+ l( Z: T9 n5 _8 @
Blackmont Capital maintains "hold", 12-month target price is lowered to $19.00, Z; Y# u& ]+ \" n) g- J' y; O
TD Newcrest downgrades to "hold", 12-month target price is raised to US$17.50
# r; i/ h" h( ]1 f" w
& F _6 J4 `$ @- B6 k& \2 v: kParamount Resources (POU : TSX : $7.85)
& v' ]3 E5 f/ {9 C8 v0 k7 i& TProvided operational update: Grande Prairie emerging as the key focus for F09
" `7 m% I* Z k' FGMP Securities maintains "buy", 12-month target price is $12.00
/ F ` v- d' k& ^+ R! h4 p/ C w" _' c7 C4 t
Rockwell Diamonds (RDI : TSX : $0.07): M1 s2 D% s) R8 G# O0 e+ m4 B2 L
Operations starting to turn the corner
+ k$ n5 ~. A s& eRBC Capital Markets maintains "outperform", no target price reported" Q7 E1 M# R4 U% O
7 Y5 g3 F8 q; u I( g2 A
Shaw Communications (SJR.B : TSX : $20.13)7 R+ R# n- B' b
Released Q1/09 results: in line, subscribers ahead
8 p* s ]& p. M2 e7 @" `Credit Suisse maintains "neutral", 12-month target price is $25.50
( K0 R6 m/ A$ [& k+ EGMP Securities continues "buy", 12-month target price is $26.50
. E2 R/ e5 c/ K& `
# |2 ~2 o3 y, q* E7 ?, q9 ASun Life Financial Inc. (SLF : TSX : $25.95 | NYSE : US$20.48)& [5 x7 {. ?2 F* S4 i. i. V
Held a sell-side lunch showcasing new U.S. team2 L Z; L5 {. J$ U0 h E) `4 m
Scotia Capital Markets maintains "sector perform", 12-month target price is $33.00# ]: v9 n9 S# b% V
& w3 |& y' L& \5 |8 |8 fTrican Well Service (TCW : TSX : $6.93)5 c1 Q- _. H, B4 R7 M0 _
Awarded Russian contracts- }# A+ {5 L4 C2 ]! B; B, W
Blackmont Capital maintains "hold", 12-month target price is reduced to $8.75
7 ]* W. U* A+ w" _Raymond James maintains "market perform", 6-12 month target price is lowered to $9.00( N: [0 Z O1 h5 L( j
RBC Capital Markets maintains "sector perform", 12-month target price is $10.00' B6 q9 i5 c" B' F4 R+ E: O
- ?! s- k6 C* L! J% e+ sSino-Forest Corp. (TRE : TSX : $8.93)
U7 K b! F c3 R5 }Chinese furniture exports rose in November
9 ` o) k) z8 ^' @Dundee Capital Markets maintains "buy", 12-month target price is $23.50
& V6 v8 j# J8 ~8 W, s" ]5 F
4 j1 j6 u* i+ t% g/ _6 O, MUEX Corp. (UEX : TSX : $0.88)0 {* o; S3 D+ z% f `8 J
Shea Creek's two largest deposits have become one6 M0 o* L/ c( n
Dundee Capital Markets maintains "buy", 12-month target price is $2.75
5 p( V' O4 G3 b& Z% x3 s. C2 I+ ~8 @* g6 N0 V
Vero Energy (VRO : TSX : $4.72)1 M2 ^+ J g' H) R3 g
Released Q4/08 results: horizontal focus to continue in F09
$ i! H0 G7 b% F" {: O) s5 F( j3 ZDundee Capital Markets continues "buy", 12-month target price is $8.00
/ V+ J( S4 w+ YGMP Securities continues "buy", 12-month target price is $7.50) x/ f8 G& u; [8 E4 l- j1 R
Paradigm Capital continues "buy", 12-month target price is $12.00. _- h7 U6 U; ?
RBC Capital Markets maintains "outperform", 12-month target price is $8.50
5 f3 U# `/ q# @4 ?; z6 M" L. ~" H
/ J% U& g) r7 c! p0 qWi-Lan Inc (WIN : TSX : $1.75), a+ x3 F, L9 s% ]
Hit homerun with Samsung% a* q2 G) j. G6 \: [% ?+ _( _
Paradigm Capital continues "buy", 12-month target price is $3.50 |
|