| Company Name | Exchange | Ticker | Last Price | Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Equity Financial Holdings Inc | TSX | EQI | 9.20 | 4 | Upgrade to buy from hold | Adam Seanor | Mackie Research Capital Corp. | 11.00 | 19.6% |
| Stantec Inc | TSX | STN | 65.58 | 15 | Upgrade to sector outperform from sector perform | Paul Lechem | CIBC World Markets | 75.00 | 14.4% |
| UrtheCast Corp | TSX | UR | 1.31 | 4 | Initiate with speculative buy | Daniel Wong | Salman Partners | 2.75 | 109.9% |
| Bellatrix Exploration Ltd | TSX | BXE | 10.15 | 15 | Initiate with buy | Garett Ursu | Cormark Securities Inc. | 16.50 | 62.6% |
| Wi-Lan Inc | TSX | WIN | 3.25 | 6 | Downgrade to hold from speculative buy | Eyal Ofir | Clarus Securities | 4.00 | 23.1% |
Mackie Research Capital Corp. upgraded Equity Financial Holdings Inc (TSX: EQI), a financial services company serving the corporate and institutional markets, and the retail mortgage market, to buy from hold with a price target of C$11.00, indicating an upside of 19.6% from current levels.
Stantec Inc (TSX: STN), a provider of professional consulting services in the area of infrastructure and facilities for clients in the public and private sectors, was upgraded to sector outperform from sector perform at CIBC World Markets with a price target of C$75.00, indicating an upside of 14.4% from current levels.
Salman Partners initiated coverage on UrtheCast Corp (TSX: UR), engaged in developing and publishing a high definition video web platform, with a speculative buy rating assigning a 12-month price target of C$2.75, indicating an upside of 109.9% from current levels.
Coverage on Bellatrix Exploration Ltd (TSX: BXE), a Canada-based oil and gas company engaged in the exploration for, and the acquisition, development and production, of oil and natural gas reserves, was initiated with a buy at Cormark Securities Inc. with a 12-month price target of C$16.50, indicating an upside of 62.6% from current levels.
Clarus Securities downgraded Wi-Lan Inc (TSX: WIN), a licensing company that develops, acquires, and licenses a range of intellectual property that drives products in communications and consumer electronics markets, to hold from speculative buy lowering its price target to C$4.00 from C$5.00, indicating an upside of 23.1% from current levels.
| Company Name | Exchange | Ticker | Last Price |
Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Capella Education Co | NASDAQ | CPLA | 56.21 | 12 | Upgrade to outperform from market perform | Jeffrey M Silber | BMO Capital Markets | 64.00 | 13.9% |
| Super Micro Computer Inc | NASDAQ | SMCI | 17.94 | 4 | Upgrade to buy from hold | Aaron C Rakers | Stifel | 23.00 | 28.2% |
| Plug Power Inc | NASDAQ | PLUG | 4.03 | 3 | Upgrade to outperform from market perform | Robert W Stone | Cowen and Company | 6.00 | 48.9% |
| Progress Software Corp | NASDAQ | PRGS | 21.22 | 7 | Initiate with buy | Glenn G Mattson | Sidoti & Company LLC | 29.00 | 36.7% |
| VOXX International Corp | NASDAQ | VOXX | 7.51 | 5 | Downgrade to neutral from buy | Scott Tilghman | B Riley & Co | 10.00 | 33.2% |
BMO Capital Markets upgraded Capella Education Co (NASDAQ: CPLA), an online postsecondary education services company offering a range of doctoral, master’s and bachelor’s programs, to outperform from market perform with a price target of $64.00, indicating an upside of 13.9% from current levels.
Super Micro Computer Inc (NASDAQ: SMCI), engaged in developing and providing end-to-end green computing solutions for Enterprise IT, Datacenter, Cloud Computing, High Performance Computing (HPC), and Embedded Systems, was upgraded to buy from hold at Stifel with a price target of $23.00, indicating an upside of 28.2% from current levels.
Cowen and Company upgraded Plug Power Inc (NASDAQ: PLUG), a provider of alternative energy technology focused on the design, development, commercialization and manufacture of fuel cell systems for the industrial off-road (forklift or material handling) market, to outperform from market perform with a price target of $6.00, indicating an upside of 48.9% from current levels.
Sidoti & Company LLC initiated coverage on Progress Software Corp (NASDAQ: PRGS), a global software company providing solutions for enterprise integration, data interoperability and application development, with a buy rating assigning a 12-month price target of $29.00, indicating an upside of 36.7% from current levels.
B Riley & Co downgraded VOXX International Corp (NASDAQ: VOXX), an international distributor in the automotive, audio and consumer accessory industries, to neutral from buy with a price target of $10.00, indicating an upside of 33.2% from current levels.
