| Company Name | Exchange | Ticker | Last Price | Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Fission Uranium Corp | TSXV | FCU | 1.31 | 7 | Upgrade to speculative buy from market perform | Mike Kozak | Cormark Securities Inc. | 2.25 | 71.8% |
| Lucara Diamond Corp | TSX | LUC | 1.67 | 4 | Upgrade to outperform from market perform | Edward Sterck | BMO Capital Markets | 2.00 | 19.8% |
| Bonavista Energy Corp | TSX | BNP | 16.08 | 18 | Upgrade to outperform from sector perform | Jeremy Mccrea | Alta Corp Capital Inc. | 19.00 | 18.2% |
| ViXS Systems Inc | TSX | VXS | 2.93 | 5 | Initiate with buy | Richard Tse | Cormark Securities Inc. | 4.00 | 36.5% |
| Paramount Resources Ltd | TSX | POU | 45.64 | 16 | Downgrade to hold from buy | Michael Dembicki | TD Securities | 50.00 | 9.6% |
Cormark Securities Inc. upgraded Fission Uranium Corp (TSXV: FCU), a junior resource company primarily engaged in the acquisition, exploration, and development of uranium resource properties, to speculative buy from market perform increasing its price target to C$2.25 from C$1.33, indicating an upside of 71.8% from current levels. Recently, FCU reported assay results from hole-PLS14-129 at its Patterson Lake South (PLS) property in Saskatchewan’s Athabasca Basin citing it as the strongest mineralized hole to date at PLS. A wide and particularly high-grade interval of total composite mineralization was abstracted from the hole.
Lucara Diamond Corp (TSX: LUC), a diamond development company, was upgraded to outperform from market perform at BMO Capital Markets raising its price target to C$2.00 from C$1.70, indicating an upside of 19.8% from current levels. Recently, LUC reported strong fourth quarter 2013 earnings boosted by greater-than-expected output from its flagship Boteti Karowe mine, in Botswana, and exceptional stone recoveries. For the quarter, the company reported net income of C$21.4 million, or C$0.05 per share from a loss of C$4.1 million or C$0.01 per share reported a year earlier.
Alta Corp Capital Inc. upgraded Bonavista Energy Corp (TSX: BNP), engaged in the acquisition, exploration, development and production of oil and natural gas assets, to outperform from sector perform with a price target of C$19.00, indicating an upside of 18.2% from current levels.
Cormark Securities Inc. initiated coverage on ViXS Systems Inc (TSX: VXS), a semiconductor company engaged in providing technologies for processing, managing, securing and distributing video and audio allowing multimedia control, conversion, and connectivity, with a buy rating assigning a 12-month price target of C$4.00, indicating an upside of 36.5% from current levels.
TD Securities downgraded Paramount Resources Ltd (TSX: POU), an energy company operating in three segments: Principal Properties, Strategic Investments and Corporate, to hold from buy with a price target of C$50.00, indicating an upside of 9.6% from current levels.
| Company Name | Exchange | Ticker | Last Price |
Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Semtech Corp | NASDAQ | SMTC | 24.55 | 12 | Upgrade to neutral from sell | Craig Ellis | B Riley & Co | 27.00 | 10.0% |
| Nordson Corp | NASDAQ | NDSN | 70.01 | 12 | Upgrade to outperform from market perform | Christopher D Glynn | Oppenheimer & Co | 85.00 | 21.4% |
| Two Harbors Investment Corp | NYSE | TWO | 10.20 | 15 | Upgrade to buy from hold | Merrill Ross | Wunderlich Securities | 11.00 | 7.8% |
| Infoblox Inc | NYSE | BLOX | 22.63 | 13 | Initiate with buy | Vijay Bhagavath | Deutsche Bank | 25.00 | 10.5% |
| RF Micro Devices Inc | NASDAQ | RFMD | 7.03 | 13 | Downgrade to hold from buy | T Michael Walkley | Canaccord Genuity Corp | 7.25 | 3.1% |
B Riley & Co upgraded Semtech Corp (NASDAQ: SMTC), a supplier of analog and mixed-signal semiconductor products, to neutral from sell raising its price target to $27.00 from $22.00, indicating an upside of 10% from current levels.
Nordson Corp (NASDAQ: NDSN), a manufacturer of equipment used for precision material dispensing, testing and inspection, surface preparation and curing, was upgraded to outperform from market perform at Oppenheimer & Co with a price target of $85.00, indicating an upside of 21.4% from current levels.
Wunderlich Securities upgraded Two Harbors Investment Corp (NYSE: TWO), a real estate investment trust (REIT) focused on investing in, financing and managing residential mortgage-backed securities (RMBS), residential mortgage loans, residential real properties and other financial assets, to buy from hold increasing its price target to $11.00 from $10.00, indicating an upside of 7.8% from current levels.
Deutsche Bank initiated coverage on Infoblox Inc (NYSE: BLOX), an automated network controller, with a buy rating assigning a 12-month price target of $25.00, indicating an upside of 10.5% from current levels.
Canaccord Genuity Corp downgraded RF Micro Devices Inc (NASDAQ: RFMD), engaged in the design and manufacture of radio frequency (RF) solutions, to hold from buy with a price target of $7.25, indicating an upside of 3.1% from current levels.
