| Company Name | Exchange | Ticker | Last Price | Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| BlackBerry Ltd | TSX | BB | 10.51 | 5,537.8 | Upgrade to equalweight from underweight | Mark A McKechnie | Evercore Partners | 10.76 | 2.4% |
| Gemini Corp | TSXV | GKX | 0.84 | 47.1 | Initiate with buy | Sarah Hughes | Cormark Securities Inc. | 1.15 | 36.9% |
| Enterprise Group Inc | TSX | E | 0.92 | 133.7 | Initiate with buy | Jason Zandberg | PI Financial Corp. | 1.50 | 63.0% |
Evercore Partners upgraded BlackBerry Ltd (TSX: BB), a designer, manufacturer and marketer of wireless solutions for the worldwide mobile communications market, to equal-weight from underweight increasing its price target to C$10.76 from C$6.49, indicating an upside of 2.4% from current levels.
Cormark Securities Inc. initiated coverage on Gemini Corp (TSX-V: GKX), a professional services firm that designs, builds and maintains energy and industrial facilities, with a buy rating assigning a 12-month price target of C$1.15, indicating an upside of 36.9% from current levels.
Coverage on Enterprise Group Inc (TSX: E), a construction services company operating in the energy, utility and transportation infrastructure industry, was initiated with a buy rating at PI Financial Corp. with a 12-month price target of C$1.50, indicating an upside of 63% from current levels.
| Company Name | Exchange | Ticker | Last Price |
Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Entegris Inc | NASDAQ | ENTG | 13.60 | 1,892.7 | Upgrade to overweight from equalweight | Steven Schwartz | First Analysis Corp | 16.00 | 17.6% |
| Esterline Technologies Corp | NYSE | ESL | 121.48 | 3,883.8 | Upgrade to buy from hold | Ken Herbert | Canaccord Genuity Corp | 138.00 | 13.6% |
| LaSalle Hotel Properties | NYSE | LHO | 35.50 | 3,694.1 | Upgrade to buy from hold | Rod Petrik | Stifel | 37.00 | 4.2% |
| Gastar Exploration Inc | NYSE | GST | 8.89 | 549.6 | Initiate with buy | Patrick Rigamer | Global Hunter Securities | 12.00 | 35.0% |
| QIWI plc | NASDAQ | QIWI | 39.96 | 2,165.8 | Initiate with buy | Ulyana Lenvalskaya | UBS | 58.50 | 46.4% |
| Enservco Corp | NYSE | ENSV | 2.70 | 98.7 | Downgrade to hold from buy | Philip E Juskowicz | Casimir Capital | 3.00 | 11.1% |
First Analysis Corp upgraded Entegris Inc (NASDAQ: ENTG), a global developer, manufacturer and supplier of products and materials used in processing and manufacturing in the semiconductor and other high-technology industries, to overweight from equal-weight with a price target of $16.00, indicating an upside of 17.6% from current levels. For the second quarter 2014, ENTG raised its sales guidance to $235 million – $245 million from the previous guidance of $165 million – $175 million, which includes the two months of results of ATMI, Inc. which ENTG acquired on April 30, 2014.
Esterline Technologies Corp (NYSE: ESL), a manufacturing company serving aerospace and defense customers, was upgraded to buy from hold at Canaccord Genuity Corp increasing its price target to $138.00 from the previous target of $112.00, indicating an upside of 13.6% from current levels. Recently, ESL reported that its Board of Directors has approved an open market share repurchase program worth $200 million from time to time, depending on market conditions, share price and other factors.
Stifel Nicolaus upgraded LaSalle Hotel Properties (NYSE: LHO), a self-managed and self-administered real estate investment trust (REIT), to buy from hold raising its price target to $37.00 from $33.00, indicating an upside of 4.2% from current levels. Recently, LHO wrapped up the $93.4 million sale of its hotel Hilton Alexandria Old Town in Alexandria. The company will use the proceeds from the sale to reduce borrowings.
Global Hunter Securities initiated coverage on Gastar Exploration Inc (NYSE: GST), an independent energy company engaged in the exploration, development and production of natural gas and oil, with a buy rating assigning a 12-month price target of $12.00, indicating an upside of 35% from current levels.
Coverage on QIWI plc (NASDAQ: QIWI), a provider of payment services, was initiated with a buy rating at UBS with a price target of $58.50, indicating an upside of 46.4% from current levels.
Casimir Capital downgraded Enservco Corp (NYSE: ENSV), engaged in providing oil field services to the domestic onshore oil and natural gas industry, to hold from buy with a price target of $3.00, indicating an upside of 11.1% from current levels.
