| Company Name | Exchange | Ticker | Last Price | Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Golden Star Resources Ltd | TSX | GSC | 0.67 | 8 | Upgrade to buy from hold | Rahul Paul | Canaccord Genuity Corp | 1.00 | 49.3% |
| Tahoe Resources Inc | TSX | THO | 24.06 | 11 | Upgrade to outperform from market perform | Chris Thompson | Raymond James | 27.00 | 12.2% |
| TransGlobe Energy Corp | TSX | TGL | 8.18 | 11 | Upgrade to buy from hold | Shahin Amini | TD Securities | 11.50 | 40.6% |
| Ithaca Energy Inc | TSX | IAE | 2.61 | 13 | Initiate with outperform | David Round | BMO Capital Markets | 3.49 | 33.7% |
| Manitok Energy Inc | TSXV | MEI | 2.46 | 10 | Downgrade to sector perform from outperform | Shailender Randhawa | RBC Capital Markets | 3.50 | 42.3% |
Canaccord Genuity Corp upgraded Golden Star Resources Ltd (TSX: GSC), an international gold mining and exploration company producing gold in Ghana, West Africa, to buy from hold with a price target of C$1.00, indicating an upside of 49.3% from current levels.
Tahoe Resources Inc (TSX: THO), engaged in the exploration and development of mineral properties, was upgraded to outperform from market perform at Raymond James increasing its price target to C$27.00 from C$26.00, indicating an upside of 12.2% from current levels.
TD Securities upgraded TransGlobe Energy Corp (TSX: TGL), an independent international upstream oil and gas company engaged in the exploration for and the development and production of crude oil and natural gas in Egypt and Yemen, to buy from hold raising its price target to C$11.50 from C$9.30, indicating an upside of 40.6% from current levels.
BMO Capital Markets initiated coverage on Ithaca Energy Inc (TSX: IAE), engaged in exploring, developing, and producing oil and gas in the North Sea, with an outperform rating assigning a 12-month price target of C$3.49, indicating an upside of 33.7% from current levels.
RBC Capital Markets downgraded Manitok Energy Inc (TSXV: MEI), an oil and gas exploration and development company focused on conventional oil and gas reservoirs in Canada and heavy crude oil in east-central Alberta, to sector perform from outperform with a price target of C$3.50, indicating an upside of 42.3% from current levels.
| Company Name | Exchange | Ticker | Last Price |
Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Pier 1 Imports Inc | NYSE | PIR | 18.39 | 14 | Upgrade to overweight from equalweight | Alan M Rifkin | Barclays | 23.00 | 25.1% |
| United Natural Foods Inc | NASDAQ | UNFI | 65.64 | 17 | Upgrade to buy from hold | Mark Wiltamuth | Jefferies | 78.00 | 18.8% |
| Pandora Media Inc | NYSE | P | 26.19 | 33 | Upgrade to buy from hold | John Tinker | Maxim Group LLC | 35.00 | 33.6% |
| Borderfree Inc | NASDAQ | BRDR | 15.22 | 6 | Initiate with outperform | Stephen Ju | Credit Suisse | 25.00 | 64.3% |
| Diamondback Energy Inc | NASDAQ | FANG | 69.08 | 21 | Downgrade to neutral from buy | Ryan Oatman | SunTrust Robinson Humphrey | 75.00 | 8.6% |
Barclays upgraded Pier 1 Imports Inc (NYSE: PIR), a global importer of decorative home furnishings and gifts, to overweight from equal-weight increasing its price target to $23.00 from $19.00, indicating an upside of 25.1% from current levels. The rating firm believes that the stock has a unique combination of top-line momentum, e-commerce penetration and EBIT margin expansion.
United Natural Foods Inc (NASDAQ: UNFI), a distributor of natural, organic and specialty foods and non-food products, was upgraded to buy from hold at Jefferies increasing its price target to $78.00 from $77.00, an upside of 18.8% from current levels.
Maxim Group LLC upgraded Pandora Media Inc (NYSE: P), an Internet radio in the U.S. with over 125 million registered users, to buy from hold with a price target of $35.00, indicating an upside of 33.6% from current levels.
Credit Suisse initiated coverage on Borderfree Inc (NASDAQ: BRDR) (also known as FiftyOne Global Ecommerce), a provider of international online sales platform, with an outperform rating assigning a 12-month price target of $25.00, indicating an upside of 64.3% from current levels.
SunTrust Robinson Humphrey downgraded Diamondback Energy Inc (NASDAQ: FANG), an independent oil and natural gas company focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves, to neutral from buy lowering its price target to $75.00 from $80.00, indicating an upside of 8.6% from current levels.
