Notable Analyst Upgrades and Downgrades (NYSE: CDE) (TSX: PXT)

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The following stocks were upgraded/downgraded on June 24, 2014
Company Name Exchange Ticker Last Price Total Analyst Coverage Upgrade/
Downgrade
Analyst Name Rating Company Target Price Upside/
Downside (%)
Parex Resources Inc TSX PXT 12.54 1,384.3 Re-initiate with top pick Darren B Engels FirstEnergy Capital Corp 17.00 35.6%
Northern Frontier Corp TSXV FFF 3.00 33.7 Downgrade to hold from buy Brian D Pow Acumen Capital Finance 3.70 23.3%
Crown Point Energy Inc TSXV CWV 0.35 36.6 Downgrade to hold from speculative buy Christopher Brown Canaccord Genuity Corp 0.50 42.9%

FirstEnergy Capital Corp re-initiated coverage on Parex Resources Inc (TSX: PXT), engaged in oil and natural gas exploration, development and production, with a top pick rating assigning a 12-month price target of C$17.00, indicating an upside of 35.6% from current levels.

Acumen Capital Finance downgraded Northern Frontier Corp (TSXV: FFF), a capital pool company focused on creating a large resource maintenance and essential services business through a buy and build growth strategy, to hold from buy lowering its price target to C$3.70 from C$5.50, indicating an upside of 23.3% from current levels.

Crown Point Energy Inc (TSXV: CWV), a Canada-based oil and gas exploration and development company, engaged in developing its level of reserves, production and opportunities present on its seven concessions, was downgraded to hold from speculative buy at Canaccord Genuity Corp reducing its price target to C$0.50 from the earlier target of C$1.50, indicating an upside of 42.9% from current levels.

The following stocks were upgraded/downgraded on June 24, 2014
Company Name Exchange Ticker Last Price Total Analyst
Coverage
Upgrade/
Downgrade
Analyst Name Rating Company Target Price Upside/
Downside (%)
Coeur Mining Inc NYSE CDE 8.69 899.6 Upgrade to market perform from underperform Andrew Kaip BMO Capital Markets 9.50 9.3%
InnerWorkings Inc NASDAQ INWK 7.83 404.5 Upgrade to buy from hold George F Sutton Craig-Hallum Capital Group LLC 10.00 27.7%
Kraton Performance Polymers Inc NYSE KRA 21.53 705.7 Upgrade to outperform from market perform Edward H Yang Oppenheimer & Co 30.00 39.3%
LeMaitre Vascular Inc NASDAQ LMAT 7.92 135.2 Initiate with buy Frederick A Wise Stifel 11.00 38.9%
Dot Hill Systems Corp NASDAQ HILL 4.59 275.4 Initiate with buy Matthew Galinko Sidoti & Company LLC 6.00 30.7%
Enanta Pharmaceuticals Inc NASDAQ ENTA 43.43 805.1 Downgrade to neutral from outperform Brian P Skorney Robert W. Baird & Co 41.00 -5.6%

BMO Capital Markets upgraded Coeur Mining Inc (NYSE: CDE), engaged in exploring, developing, operating silver and gold mining properties, to market perform from underperform increasing its price target to $9.50 from $7.00, indicating an upside of 9.3% from current levels.

InnerWorkings Inc (NASDAQ: INWK), a provider of global print management and promotional solutions to corporate clients across a ranges of industries, was upgraded to buy from hold at Craig-Hallum Capital Group LLC raising its price target to $10.00 from $9.00, indicating an upside potential of 27.7% from current levels.

Oppenheimer & Co upgraded Kraton Performance Polymers Inc (NYSE: KRA), a producer of styrenic block copolymers (SBCs) and other engineered polymers, to outperform from market perform with a price target of $30.00, indicating an upside of 39.3% from current levels.

Stifel initiated coverage on LeMaitre Vascular Inc (NASDAQ: LMAT), a global provider of medical devices and implants for the treatment of peripheral vascular disease, with a buy rating assigning a 12-month price target of $11.00, indicating an upside of 38.9% from current levels.

Coverage on Dot Hill Systems Corp (NASDAQ: HILL), engaged in designing, manufacturing and marketing a range of software and hardware storage systems for the entry and mid-range storage markets, was initiated with a buy rating at Sidoti & Company LLC with a 12-month price target of $6.00, indicating an upside of 30.7% from current levels.

Robert W. Baird & Co downgraded Enanta Pharmaceuticals Inc (NASDAQ: ENTA), a research and development-focused biotechnology company, to neutral from outperform with a price target of $41.00, indicating a downside of 5.6% from current levels.

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