A Canadian gold project developer and a U.S. bank holding company both received analyst upgrades, one of which has an implied upside of nearly 50%.
| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| SunOpta Inc | TSX | SOY | 12.87 | 862.6 | Upgrade to hold from sell | Keith E Howlett | Desjardins Securities | 13.77 | 7.0% |
| Leisureworld Senior Care Corp | TSX | LW | 13.53 | 490.7 | Upgrade to buy from hold | Nelson Mah | Laurentian Bank Securities | 14.75 | 9.0% |
| Boardwalk Real Estate Investment Trust | TSX | BEI-U | 60.95 | 3,166.6 | Upgrade to buy from hold | Jimmy Khing Shan | GMP | 70.50 | 15.7% |
| Hardwoods Distribution Inc | TSX | HWD | 11.37 | 188.1 | Initiate with buy | Mathieu Chevrier | Salman Partners | 13.00 | 14.3% |
| Yoho Resources Inc | TSXV | YO | 1.05 | 55.3 | Downgrade to sell from neutral | Geoff Ready | Dundee Securities Corp | 1.25 | 19.0% |
Desjardins Securities upgraded SunOpta Inc (TSX: SOY), engaged in owning and operating businesses in the natural and organic food markets, to hold from sell by raising its price target to C$13.77 from C$12.43, indicating an upside of 7.0% from current levels.
Leisureworld Senior Care Corp (TSX: LW), engaged in providing licensed long-term care for the elderly in nursing homes, retirement homes, and independent living facilities, was upgraded by Laurentian Bank Securities to buy from hold with a price target of C$14.75, indicating an upside potential of 9.0% from current levels.
GMP upgraded Boardwalk Real Estate Investment Trust (TSX: BEI-U), engaged in the business of acquiring and managing multi-family residential projects throughout western Canada, to buy from hold with a price target of C$70.50, indicating an upside of 15.7% from current levels.
Coverage on Hardwoods Distribution Inc (TSX: HWD), engaged in the wholesale business of hardwood lumber, plywood and related products, was initiated with a buy rating at Salman Partners, assigning a 12-month price target of C$13.00, indicating an upside potential of 14.3% from current levels.
Dundee Securities Corp downgraded Yoho Resources Inc (TSXV: YO), engaged in the exploration of oil and gas, to sell from neutral by reducing its price target to C$1.25 from C$2.10, indicating an upside of 19.0% from current levels.
| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Sunesis Pharmaceuticals Inc | NASDAQ | SNSS | 2.27 | 140.6 | Upgrade to buy from hold | Mara Goldstein | Cantor Fitzgerald | 4.00 | 76.2% |
| Bio-Techne Corp | NASDAQ | TECH | 90.72 | 3,363.6 | Upgrade to buy from neutral | Paul R Knight | Janney Montgomery Scott LLC | 121.00 | 33.4% |
| UTi Worldwide Inc | NASDAQ | UTIW | 11.48 | 1,210.1 | Upgrade to outperform from peerperform | Scott H Group | Wolfe Research | 15.00 | 30.7% |
| Qlik Technologies Inc | NASDAQ | QLIK | 29.74 | 2,685.9 | Intiate with outperform | Steven R Koenig | Wedbush | 37.00 | 24.4% |
| Midstates Petroleum Co Inc | NYSE | MPO | 1.47 | 103.6 | Downgrade to hold from buy | John Herrlin | Societe Generale | 1.60 | 8.8% |
Cantor Fitzgerald upgraded Sunesis Pharmaceuticals Inc (NASDAQ: SNSS), engaged in the development and commercialization of oncology therapeutics for the treatment of solid and hematologic cancers, to buy from hold by raising its price target to $4.00 from $2.00, indicating an upside of 76.2% from current levels.
Bio-Techne Corp (NASDAQ: TECH), engaged in developing, manufacturing and selling biotechnology products and clinical diagnostic controls, was upgraded by Janney Montgomery Scott LLC to buy from neutral by raising its price target to $121.00 from $101.00, indicating an upside potential of 33.4% from current levels.
Wolfe Research upgraded UTi Worldwide Inc (NASDAQ: UTIW), engaged in the business of providing supply chain logistics services, planning and optimization solutions, to outperform from peer perform with a price target of $15.00, indicating an upside of 30.7% from current levels.
Wedbush initiated coverage on Qlik Technologies Inc (NASDAQ: QLIK), engaged in developing business intelligence solutions, with an outperform rating assigning a 12-month price target of $37.00, indicating an upside of 24.4% from current levels.
Midstates Petroleum Co Inc (NYSE: MPO), engaged in the exploration and production of oil, was downgraded by Societe Generale to hold from buy by reducing its price target to $1.60 from $7.75, implying an upside potential of 8.8% from current levels.
