Notable Analyst Upgrades and Downgrades (NYSE: HME) (TSX: III)

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The following stocks were upgraded/downgraded on October 2, 2014
Company Name Exchange Ticker Last Price Market Cap Recommendation Analyst Name Rating Company Target Price Upside/
Downside (%)
Imperial Metals Corp TSX III 8.46 634.2 Upgrade to speculative buy from hold Gary Lampard Canaccord Genuity Corp 10.50 24.1%
Capstone Mining Corp TSX CS 2.21 844.1 Upgrade to buy from hold Gary Lampard Canaccord Genuity Corp 2.80 26.7%
Veresen Inc TSX VSN 17.58 3,878.6 Upgrade to buy from hold Linda Ezergailis TD Securities 19.50 10.9%
Currency Exchange International Corp TSX CXI 15.51 83.6 Initiate with buy Marc Charbin Laurentian Bank Securities 25.00 61.2%
Wi-Lan Inc TSX WIN 3.54 425.5 Downgrade to sell from hold Eyal Ofir Clarus Securities 3.50 -1.1%

Canaccord Genuity Corp upgraded Imperial Metals Corp (TSX: III), engaged in the exploration, development and production of base and precious metals from its mineral properties, to speculative buy from hold with a price target of C$10.50, indicating an upside of 24.1% from current levels.

Capstone Mining Corp (TSX: CS), engaged in the production, development and exploration of base and precious metals, was upgraded by Canaccord Genuity Corp to buy from hold with a price target of C$2.80, indicating an upside potential of 26.7% from current levels.

TD Securities upgraded Veresen Inc (TSX: VSN), engaged in managing its pipeline transportation, midstream services, and power generation businesses, to buy from hold raising its price target to C$19.50 from C$19.00, indicating an upside of 10.9% from current levels.

Coverage on Currency Exchange International Corp (TSX: CXI), engaged in the business of retail and wholesale foreign exchange, was initiated with a buy rating at Laurentian Bank Securities, assigning a 12-month price target of C$25.00, indicating an upside potential of 61.2% from current levels.

Clarus Securities downgraded Wi-Lan Inc (TSX: WIN), engaged in developing, acquiring, and licensing a range of intellectual property, to sell from hold by reducing its price target to C$3.50 from C$4.00, indicating a downside of 1.1% from current levels.

The following stocks were upgraded/downgraded on October 2, 2014
Company Name Exchange Ticker Last Price Market Cap Recommendation Analyst Name Rating Company Target Price Upside/
Downside (%)
Home Properties Inc NYSE HME 58.76 3,369.5 Upgrade to hold from sell David Toti Cantor Fitzgerald 62.00 5.5%
Pandora Media Inc NYSE P 24.18 4,992.9 Upgrade to buy from hold Victor Anthony Topeka Capital Markets Inc 30.00 24.1%
Proto Labs Inc NYSE PRLB 68.07 1,750.7 Upgrade to buy from hold Robert Burleson Canaccord Genuity Corp 85.00 24.9%
WhiteWave Foods Co/The NYSE WWAV 35.58 6,196.1 Intiate with outperform Mitchell B Pinheiro Imperial Capital LLC 40.00 12.4%
Auxilium Pharmaceuticals Inc NASDAQ AUXL 30.00 1,510.6 Downgrade to hold from buy Difei Yang R.F. Lafferty & Co 34.00 13.3%

Cantor Fitzgerald upgraded Home Properties Inc (NYSE: HME), engaged in owning, operating, acquiring and rehabilitating apartment communities, to hold from sell with a price target of $62.00, indicating an upside of 5.5% from current levels.

Pandora Media Inc (NYSE: P), engaged in providing radio services through internet, was upgraded by Topeka Capital Markets Inc to buy from hold with a price target of $30.00, indicating an upside potential of 24.1% from current levels.

Canaccord Genuity Corp upgraded Proto Labs Inc (NYSE: PRLB), a manufacturer of custom parts for prototyping and short-run production, to buy from hold with a price target of $85.00, indicating an upside of 24.9% from current levels.

Imperial Capital LLC initiated coverage on WhiteWave Foods Co/The (NYSE: WWAV), engaged in manufacturing, marketing, distributing and selling plant-based foods and beverages, coffee creamers, beverages, and dairy products throughout North America and Europe, with an outperform rating assigning a 12-month price target of $40.00, indicating an upside potential of 12.4% from current levels.

Auxilium Pharmaceuticals Inc (NASDAQ: AUXL), engaged in developing and marketing therapeutics to urologists, endocrinologists and orthopedists, was downgraded by R.F. Lafferty & Co to hold from buy with a price target of $34.00, implying an upside potential of 13.3% from current levels.

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