Notable Analyst Upgrades and Downgrades (NYSE: CBT) (TSX: AAA)

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The following stocks were upgraded/downgraded on February 13, 2014
Company Name Exchange Ticker Last Price Total Analyst Coverage Upgrade/
Downgrade
Analyst Name Rating Company Target Price Upside/
Downside (%)
Allana Potash Corp TSX AAA 0.45 3 Upgrade to outperform from market perform Steven P Hansen Raymond James 0.80 79.8%
Home Capital Group Inc TSX HCG 83.13 12 Upgrade to buy from hold Graham Ryding TD Securities 92.00 10.7%
Birchcliff Energy Ltd TSX BIR 9.36 10 Upgrade to buy from hold Travis Wood TD Securities 10.00 6.8%
Goldquest Mining Corp TSXV GQC 0.35 2 Initiate with speculative buy Jamie Spratt Clarus Securities 0.60 71.4%
Agnico Eagle Mines Ltd TSX AEM 36.77 26 Downgrade to market perform from outperform David Haughton BMO Capital Markets 39.50 7.4%

Raymond James upgraded Allana Potash Corp (TSX: AAA), a junior mining company with a focus on the acquisition and development of potash assets, to outperform from market perform increasing its price target to C$0.80 from C$0.65, indicating an upside of 79.8% from current levels.

TD Securities upgraded Home Capital Group Inc (TSX: HCG), a diversified technology and financial services company and Birchcliff Energy Ltd (TSX: BIR), an intermediate oil and gas exploration, development and production company, to buy from hold. The rating firm increased the price target of HCG to C$92.00 from $87.00 and BIR to C$10.00 from C$8.50, indicating an upside of 10.7% and 6.8% from the current levels.

Clarus Securities initiated coverage on Goldquest Mining Corp (TSXV: GQC), a Canada-based mineral exploration company engaged in exploring and developing its portfolio of gold-copper assets, with a speculative buy rating assigning a 12-month price target of C$0.60, an upside of 71.4% from current levels.

BMO Capital Markets downgraded Agnico Eagle Mines Ltd (TSX: AEM), a Canada-based international gold producer with mining operations, to market perform from outperform with a price target of C$39.50, indicating an upside of 7.4% from current levels.

The following stocks were upgraded/downgraded on February 13, 2014
Company Name Exchange Ticker Last Price Total Analyst
Coverage
Upgrade/
Downgrade
Analyst Name Rating Company Target Price Upside/
Downside (%)
Cabot Corp NYSE CBT 50.49 8 Upgrade to overweight from neutral Jeffrey J Zekauskas JPMorgan 55.00 8.9%
Innophos Holdings Inc NASDAQ IPHS 50.16 6 Upgrade to buy from neutral Christopher W Butler Sidoti & Company LLC 62.00 23.6%
Helix Energy Solutions Group Inc NYSE HLX 22.15 9 Upgrade to outperform from market perform J Marshall Adkins Raymond James 27.00 21.9%
Allscripts Healthcare Solutions Inc NASDAQ MDRX 16.68 26 Initiate with outperform David K Francis RBC Capital Markets 20.00 19.9%
Foster Wheeler AG NASDAQ CSPI 31.63 16 Downgrade to neutral from outperform Sameer Rathod Macquarie 33.00 4.3%

JPMorgan upgraded Cabot Corp (NYSE: CBT), a global specialty chemicals and performance materials company, to overweight from neutral increasing its price target to $55.00 from the earlier target of $49.00, indicating an upside of 8.9% from current levels.

Innophos Holdings Inc (NASDAQ: IPHS), a producer of mineral-based specialty ingredients with applications in food, beverage, pharmaceutical, oral care and industrial end markets, was upgraded to buy from neutral at Sidoti & Company LLC raising its price target to C$62.00 from $53.00, indicating an upside of 23.6% from current levels.

Raymond James upgraded Helix Energy Solutions Group Inc (NYSE: HLX), an international offshore energy company providing specialty services to the offshore energy industry, to outperform from market perform with a price target of $27.00, indicating an upside of 21.9% from current levels.

RBC Capital Markets initiated coverage on Allscripts Healthcare Solutions Inc (NASDAQ: MDRX), a provider of clinical, financial, connectivity and information solutions and related professional services, with an outperform rating assigning a 12-month price target of $20.00, indicating an upside of 19.9% from current levels.

Macquarie downgraded Foster Wheeler AG (NASDAQ: FWLT), a supplier of engineering, construction and project management contractor and power equipment, to neutral from outperform lowering its price target to $33.00 from $38.00, indicating an upside of 4.3% from current levels.

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