| Company Name | Exchange | Ticker | Last Price | Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Solium Capital Inc | TSX | SUM | 7.55 | 4 | Upgrade to buy from hold | Nick Agostino | Laurentian Bank Securities | 8.50 | 12.6% |
| Calloway Real Estate Investment Trust | TSX | CWT-U | 25.77 | 8 | Upgrade to outperform from market perform | Heather C Kirk | BMO Capital Markets | 30.50 | 18.4% |
| Industrial Alliance Insurance & Financial Services Inc | TSX | IAG | 47.31 | 9 | Upgrade to buy from hold | Mario Mendonca | TD Securities | 53.00 | 12.0% |
| AuRico Gold Inc | TSX | AUQ | 5.72 | 15 | Initiate with buy | John Mcclinktock | Pareto Securities | 6.58 | 15.0% |
| Kinross Gold Corp | TSX | K | 5.72 | 26 | Downgrade to hold from buy | Barry D Allan | Mackie Research Capital Corp. | 6.25 | 9.3% |
Laurentian Bank Securities upgraded Solium Capital Inc (TSX: SUM), a software-as-a-service company specializing in technology and services for the administration and execution of equity-based incentive and savings programs, to buy from hold increasing its price target to C$8.50 from C$7.10, indicating an upside of 12.6% from current levels.
Calloway Real Estate Investment Trust (TSX: CWT-U), a open-ended mutual fund trust that acquires, holds, maintains, leases and manages real property, was upgraded to outperform from market perform at BMO Capital Markets raising its price target to $30.50 from C$29.00, indicating an upside of 18.4% from current levels. For the fourth quarter 2013 earnings, CWT-U reported that its funds from operations increased 5.6% to $63.8 million and 0.9% to C$0.47 on a per unit basis compared to the same quarter of 2012.
TD Securities upgraded Industrial Alliance Insurance & Financial Services Inc (TSX: IAG), a life and health insurance company, to buy from hold raising its price target to C$53.00 from C$51.00, indicating an upside of 12% from current levels.
Pareto Securities initiated coverage on AuRico Gold Inc (TSX: AUQ), a gold mining company, with a buy rating assigning a 12-month price target of C$6.58, indicating an upside of 15% from current levels.
Mackie Research Capital Corp. downgraded Kinross Gold Corp (TSX: K), engaged in gold mining and related activities, to hold from buy reducing its price target to C$6.25 from C$6.75, indicating an upside of 9.3% from current levels.
| Company Name | Exchange | Ticker | Last Price |
Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| PetroQuest Energy Inc | NYSE | PQ | 4.29 | 12 | Upgrade to outperform from market perform | Rehan Rashid | FBR Capital Markets | 8.00 | 86.5% |
| LogMeIn Inc | NASDAQ | LOGM | 40.48 | 12 | Upgrade to buy from hold | Scott Zeller | Needham & Co | 48.00 | 18.6% |
| HEICO Corp | NYSE | HEI | 54.86 | 11 | Upgrade to buy from hold | Michael F Ciarmoli | KeyBanc Capital Markets | 68.00 | 24.0% |
| US Ecology Inc | NASDAQ | ECOL | 37.08 | 7 | Initiate with outperform | Hamzah Mazari | Credit Suisse | 39.00 | 5.2% |
| ArthroCare Corp | NASDAQ | ARTC | 48.67 | 7 | Downgrade to market perform from outperform | Joanne K Wuensch | BMO Capital Markets | 48.25 | -0.9% |
FBR Capital Markets upgraded PetroQuest Energy Inc (NYSE: PQ), an independent oil and gas company, to outperform from market perform increasing its price target to $8.00 from $7.00, indicating an upside of 86.5% from current levels. The rating firm notes that PQ provides the best exposure among its small-cap coverage group. Further, FBR believes that results from the company’s Thunder Bayou exploratory prospect are expected during 4Q 2014 and it could replicate the highly successful La Cantera project.
LogMeIn Inc (NASDAQ: LOGM), a provider of essential cloud-based collaboration, information technology (IT) management and customer services, was upgraded to buy from hold at Needham & Co with a price target of $48.00, indicating an upside of 18.6% from current levels. The rating firm upgraded the stock after the company reported a strong 4Q 2013 earnings results beating the estimates and a conservative 2014 guidance.
KeyBanc Capital Markets upgraded HEICO Corp (NYSE: HEI), a manufacturer of Federal Aviation Administration (FAA)-approved jet engine and aircraft component replacement parts, to buy from hold with a 12-month price target of $68.00, indicating an upside of 24% from current levels.
Credit Suisse initiated coverage on US Ecology Inc (NASDAQ: ECOL), a provider of radioactive, hazardous, polychlorinated biphenyls (PCB) and non-hazardous industrial waste management and recycling services to commercial and government entities, with an outperform rating assigning a 12-month price target of $39.00, indicating an upside of 5.2% from current levels.
BMO Capital Markets downgraded ArthroCare Corp (NASDAQ: ARTC), a medical device company engaged in developing and manufacturing surgical devices, instruments and implants, to market perform from outperform with a price target of $48.25, indicating a downside of 0.9% from current levels.
