| Company Name | Exchange | Ticker | Last Price | Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Canfor Pulp Products Inc | TSX | CFX | 11.95 | 7 | Upgrade to strong buy from outperform | Daryl Swetlishoff | Raymond James | 17.00 | 42.3% |
| Silver Standard Resources Inc | TSX | SSO | 9.17 | 12 | Upgrade to sector outperform from sector perform | Arnold Van Graan | CIBC World Markets | 12.17 | 32.7% |
| Canexus Corp | TSX | CUS | 5.91 | 6 | Upgrade to buy from hold | Robert Hope | TD Securities | 7.00 | 18.4% |
| ATS Automation Tooling Systems Inc | TSX | ATA | 14.36 | 8 | Downgrade to sell from hold | Daniel Kim | Paradigm Capital Inc | 11.00 | -23.4% |
| Canfor Corp | TSX | CFP | 28.94 | 8 | Downgrade to sector perform from sector outperform | Mark Kennedy | CIBC World Markets | 32.00 | 10.6% |
Raymond James upgraded Canfor Pulp Products Inc (TSX: CFX), engaged in investing in pulp and paper producing assets, to strong buy from outperform, raising the price target to C$17.00 from C$14.00, an upside of 42.3% from current levels. The company recently announced a quarterly dividend of 0.05 per share, payable on Tuesday, February 25th 2014 for shareholders of record on Tuesday, February 18th 2014.
Silver Standard Resources Inc (TSX: SSO), a silver resource company with properties located in six countries in the Americas, was upgraded at CIBC World Markets, to sector outperform from sector perform, raising the price target to C$12.17 from C$6.54, an upside of 32.7% from current levels. Meanwhile, CIBC World Markets downgraded Canfor Corp (TSX: CFP), an integrated forest products company, to sector perform from sector outperform, maintaining the price target at C$32.00, an upside of 10.6% from current levels.
TD Securities upgraded Canexus Corp (TSX: CUS), a producer of sodium chlorate and chlor-alkali products largely for the pulp and paper and water treatment industries, to buy from hold, raising the price target to C$7.00 from C$6.50, an upside of 18.4% from current levels.
Paradigm Capital Inc downgraded ATS Automation Tooling Systems Inc (TSX: ATA), engaged in providing custom designed, built and installed manufacturing solutions to companies worldwide, to sell from hold, maintaining the price target at C$11.00, a downside of 23.4% from current levels.
| Company Name | Exchange | Ticker | Last Price |
Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Mettler-Toledo International Inc | NYSE | MTD | 254.00 | 14 | Upgrade to buy from neutral | Daniel Arias | UBS | 263.00 | 3.5% |
| TriQuint Semiconductor Inc | NASDAQ | TQNT | 8.52 | 11 | Upgrade to buy from hold | N Quinn Bolton | Needham & Co | 10.00 | 17.4% |
| Compugen Ltd | NASDAQ | CGEN | 10.79 | 2 | Initiate with buy | Graig C Suvannavejh | MLV & Co | 14.00 | 29.7% |
| Atmel Corp | NASDAQ | ATML | 7.68 | 18 | Downgrade to neutral from buy | William Stein | SunTrust Robinson Humphrey | 7.00 | -8.8% |
| Mueller Industries Inc | NYSE | MLI | 59.19 | 3 | Downgrade to neutral from buy | Edward Wheeler | Buckingham Research Group | 62.00 | 4.7% |
UBS upgraded Mettler-Toledo International Inc (NYSE: MTD), a global supplier of precision instruments and services, to buy from neutral, raising the price target to $263.00 from $245.00, an upside of 3.5% from current levels. Analyst Daniel Arias upgraded the stock post excellent fourth quarter results from the company. On February 5th 2014, MTD posted better than expected Q4 results, reporting EPS of $3.82, above consensus estimates of $3.74 and revenues of $684.30 million, compared to the consensus estimates of $673.49 million.
TriQuint Semiconductor Inc (NASDAQ: TQNT), a provider a portfolio of radio frequency (RF) solutions, was upgraded at Needham & Co, to buy from hold with a price target of $10.00, an upside of 17.4% from current levels.
MLV & Co initiated coverage on Compugen Ltd (NASDAQ: CGEN), a developer of bioinformatics hardware and software based on proprietary algorithms, with buy assigning a 12-month price target of $14.00, an upside of 29.7% from current levels.
SunTrust Robinson Humphrey downgraded Atmel Corp (NASDAQ: ATML), engaged in designing, developing and supplying of microcontrollers, to neutral from buy, reducing the price target to $7.00 from $9.00, a downside of 8.8% from current levels.
Mueller Industries Inc (NYSE: MLI), a manufacturer of copper, brass, plastic, and aluminum products, was downgraded at Buckingham Research Group to neutral from buy, reducing the price target to $62.00 from $66.00, an upside of 4.7% from current levels.
