| Company Name | Exchange | Ticker | Last Price | Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Silver Standard Resources Inc | TSX | SSO | 8.62 | 696.1 | Upgrade to hold from sell | Jorge M Beristain | Deutsche Bank | 8.00 | -7.2% |
| Transat AT Inc | TSX | TRZ/B | 9.17 | 353.7 | Upgrade to buy from hold | Timothy James | TD Securities | 15.00 | 63.6% |
| Brookfield Renewable Energy Partners | TSX | BEP-U | 31.05 | 4,130.6 | Re-Initiate with outperform | Steven I Paget | FirstEnergy Capital Corp | 34.00 | 9.5% |
| Alamos Gold Inc | TSX | AGI | 10.42 | 1,327.1 | Downgrade to underweight from hold | Timothy Stanish | EVA Dimensions | NA | NA |
| Dundee Precious Metals Inc | TSX | DPM | 4.48 | 625.1 | Downgrade to hold from overweight | Timothy Stanish | EVA Dimensions | NA | NA |
Deutsche Bank upgraded Silver Standard Resources Inc (TSX: SSO), engaged in operating and producing silver, to hold from sell with a price target of C$8.00, indicating a downside of 7.2% from current levels.
Transat AT Inc (TSX: TRZ/B), an integrated tour operator engaged in developing and marketing holiday travel services in package and air-only formats, was upgraded to buy from hold increasing its price target to C$15.00 from C$12.00, indicating an upside of 63.6% from current levels.
FirstEnergy Capital Corp re-initiated coverage on Brookfield Renewable Energy Partners (TSX: BEP-U), engaged in producing electricity exclusively from environmentally friendly hydroelectric resources, with an outperform rating assigning a 12-month price target of C$34.00, indicating an upside of 9.5% from current levels.
EVA Dimensions downgraded the following precious metals companies. The rating firm did not assign an price target to these stocks.
- Alamos Gold Inc (TSX: AGI), engaged in the acquisition, exploration, development and extraction of precious metals in Mexico and Turkey, was downgraded to underweight from hold rating.
- Dundee Precious Metals Inc (TSX: DPM), an international gold mining company engaged in the acquisition, exploration, development, mining and processing of precious metals, was downgraded to hold from overweight.
| Company Name | Exchange | Ticker | Last Price |
Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| JetBlue Airways Corp | NASDAQ | JBLU | 10.23 | 3,036.2 | Upgrade to outperform from underperform | Hunter K Keay | Wolfe Research | 15.00 | 46.6% |
| Fibrocell Science Inc | NYSE | FCSC | 3.85 | 157.3 | Upgrade to buy from neutral | Dr Keith A Markey | Griffin Securities | 9.25 | 140.3% |
| Con-way Inc | NYSE | CNW | 48.10 | 2,744.3 | Upgrade to buy from hold | Nicholas J Bender | Wunderlich Securities | 57.00 | 18.5% |
| PennyMac Financial Services Inc | NYSE | PFSI | 16.33 | 1,238.2 | Initiate with buy/neutral | Eric Beardsley | Goldman Sachs | 19.00 | 16.4% |
| Rackspace Hosting Inc | NYSE | RAX | 37.19 | 5,283.7 | Downgrade to underperform from neutral | Mark Kelleher | D.A. Davidson & Co | 33.00 | -11.3% |
Wolfe Research upgraded JetBlue Airways Corp (NASDAQ: JBLU), a passenger airline that operates primarily on point-to-point routes, to outperform from underperform increasing its price target to $15.00 from $7.00, indicating an upside of 46.6% from current levels.
Fibrocell Science Inc (NYSE: FCSC), an aesthetic and therapeutic development stage biotechnology company focused on developing skin and tissue rejuvenation products, was upgraded to buy from neutral at Griffin Securities with a price target of $9.25, indicating an upside of 140.3% from current levels.
Wunderlich Securities upgraded Con-way Inc (NYSE: CNW), a provider of transportation, logistics and supply-chain management services, to buy from hold raising its price target to $57.00 from $44.00, indicating an upside of 18.5% from current levels.
Goldman Sachs initiated coverage on PennyMac Financial Services Inc (NYSE: PFSI), a specialty financial services firm with a mortgage platform and integrated business, with a buy/neutral rating assigning a 12-month price target of $19.00, indicating an upside of 16.4% from current levels.
D.A. Davidson & Co downgraded Rackspace Hosting Inc (NYSE: RAX), offering a diverse portfolio of cloud computing services, to underperform from neutral with a price target of $33.00, indicating a downside of 11.3% from current levels.
