| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| HudBay Minerals Inc | TSX | HBM | 11.21 | 2,163.8 | Upgrade to buy from hold | Greg Barnes | TD Securities | 13.50 | 20.4% |
| Mega Precious Metals Inc | TSXV | MGP | 0.11 | 13.5 | Initiate with speculative buy | Peter Campbell | Jennings Capital | 0.25 | 138.1% |
| TECSYS Inc | TSX | TCS | 6.70 | 77.3 | Initiate with buy | Gabriel Leung | Paradigm Capital Inc | 10.00 | 49.3% |
| ViXS Systems Inc | TSX | VXS | 1.92 | 96.7 | Initiate with buy | Eyal Ofir | Clarus Securities | 3.30 | 71.9% |
| Celestica Inc | TSX | CLS | 12.54 | 2,237.2 | Downgrade to sector underperform from sector perform | Daniel Chan | Scotia Capital | 12.10 | -3.5% |
TD Securities upgraded HudBay Minerals Inc (TSX: HBM), an integrated mining company engaged in producing copper concentrate and zinc metal and focuses on the discovery, production and marketing of base and precious metals, to buy from hold increasing its price target to C$13.50 from C$10.00, indicating an upside of 20.4% from current levels.
Jennings Capital initiated coverage on Mega Precious Metals Inc (TSXV: MGP), a Canadian junior exploration and development company, with a speculative buy assigning a 12-month price target of C$0.25, indicating an upside of 138.1% from current levels.
Coverage on TECSYS Inc (TSX: TCS), a supply chain management (SCM) provider of powerful warehouse, transportation and distribution management software solutions, was initiated with a buy rating at Paradigm Capital Inc with a 12-month price target of C$10.00, indicating an upside of 49.3% from current levels.
Clarus Securities initiated coverage on ViXS Systems Inc (TSX: VXS), engaged in designing media processing semiconductor solutions for the broadcasting and consumer electronics industries, with a buy rating assigning a 12-month price target of C$3.30, indicating an upside of 71.9% from current levels.
Scotia Capital downgraded Celestica Inc (TSX: CLS), a provider of supply chain solutions globally to original equipment manufacturers (OEMs) and service providers in the communications, consumer, computing and diversified end markets, to sector underperform from sector perform lowering its price target to C$12.10 from C$12.80, indicating a downside of 3.5% from current levels.
| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Jabil Circuit Inc | NYSE | JBL | 21.12 | 4,220.4 | Upgrade to sector outperform from sector perform | Daniel Chan | Scotia Capital | 24.20 | 14.6% |
| Spansion Inc | NYSE | CODE | 22.44 | 1,354.7 | Upgrade to buy from hold | Sundeep Bajikar | Jefferies | 28.00 | 24.8% |
| Mellanox Technologies Ltd | NASDAQ | MLNX | 38.11 | 1,697.8 | Initiate with outperform | Ashok Kumar | Imperial Capital LLC | 46.00 | 20.7% |
| Broadridge Financial Solutions Inc | NYSE | BR | 40.95 | 4,941.5 | Initiate with outperform | Patrick O’Shaughnessy | Raymond James | 46.00 | 12.3% |
| Cadence Design Systems Inc | NASDAQ | CDNS | 17.03 | 4,939.4 | Downgrade to neutral from overweight | Sterling Auty | JPMorgan | 18.00 | 5.7% |
Scotia Capital upgraded Jabil Circuit Inc (NYSE: JBL), a providers of worldwide electronic manufacturing services and solutions, to sector outperform from sector perform raising its price target to $24.20 from $21.3, indicating an upside of 14.6% from current levels.
Spansion Inc (NYSE: CODE), a provider of flash memory-based embedded systems solutions, was upgraded to buy from hold at Jefferies increasing its price target to $28.00 from $21.00, indicating an upside of 24.8% from current levels.
Imperial Capital LLC initiated coverage Mellanox Technologies Ltd on (NASDAQ: MLNX), a fabless semiconductor company that produces and supplies high-performance interconnects products, with an outperform rating assigning a 12-month price target of $46.00, indicating an upside of 20.7% from current levels.
Coverage on Broadridge Financial Solutions Inc (NYSE: BR), a global provider of investor communications and technology-driven solutions to banks/broker-dealers, mutual funds and corporate issuers, was initiated with an outperform rating at Raymond James with a 12-month price target of 46.00, indicating an upside of 12.3% from current levels.
JPMorgan downgraded Cadence Design Systems Inc (NASDAQ: CDNS), engaged in developing electronic design automation (EDA), software, hardware, and silicon intellectual property (IP), to neutral from overweight with a 12-month price target of $18.00, indicating an upside of 5.7% from current levels.
