| Company Name | Exchange | Ticker | Last Price | Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Niko Resources Ltd | TSX | NKO | 2.06 | 10 | Upgrade to hold from sell | Christopher Brown | Canaccord Genuity Corp | 2.00 | -2.9% |
| Bird Construction Inc | TSX | BDT | 14.02 | 7 | Upgrade to buy from neutral | Maxim Sytchev | Dundee Securities Corp | 15.00 | 7.0% |
| Pure Technologies Ltd | TSX | PUR | 7.15 | 7 | Upgrade to buy from hold | Khurram Malik | Jacob Securities Inc | 8.00 | 11.9% |
| Marquee Energy Ltd | TSXV | MQL | 0.84 | 7 | Initiate with buy | Darrell Bishop | Haywood Securities Inc. | 1.50 | 78.6% |
| Precision Drilling Corp | TSX | PD | 12.84 | 20 | Downgrade to market perform from outperform | Andrew Bradford | Raymond James | 14.00 | 9.0% |
Canaccord Genuity Corp upgraded Niko Resources Ltd (TSX: NKO), engaged in the exploration for and development and production of oil and natural gas, to hold from sell with a price target of C$2.00, indicating a downside of 2.9% from current levels.
Bird Construction Inc (TSX: BDT), a general contractor primarily engaged on projects in the industrial, mining, commercial and institutional sectors, was upgraded to buy from neutral at Dundee Securities Corp raising its price target to C$15.00 from C$13.00, indicating an upside of 7% from current levels.
Jacob Securities Inc upgraded Pure Technologies Ltd (TSX: PUR), a provider of monitoring and surveillance of physical infrastructure utilizing patented technologies, to buy from hold with a price target of C$8.00, indicating an upside of 11.9% from current levels.
Haywood Securities Inc. initiated coverage on Marquee Energy Ltd (TSXV: MQL), a junior oil and gas company engaged in the acquisition, exploration, development and production of petroleum and natural gas reserves, with a buy rating assigning a 12-month price target of C$1.50, indicating an upside of 78.6% from current levels.
Raymond James downgraded Precision Drilling Corp (TSX: PD), a provider of contract drilling and completion and production services primarily to oil and natural gas exploration and production companies, to market perform from outperform with a price target of C$14.00, indicating an upside of 9% from current levels.
| Company Name | Exchange | Ticker | Last Price |
Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Domtar Corp | NYSE | UFS | 113.04 | 14 | Upgrade to buy/neutral from neutral/neutral | Alex Ovshey | Goldman Sachs | 138.00 | 22.1% |
| Palo Alto Networks Inc | NYSE | PANW | 72.69 | 26 | Upgrade to outperform from market perform | Daniel H Ives | FBR Capital Markets | 90.00 | 23.8% |
| Exa Corp | NASDAQ | EXA | 13.80 | 5 | Upgrade to buy from hold | James Ricchiuti | Needham & Co | 17.00 | 23.2% |
| Fifth Street Senior Floating Rate Corp | NASDAQ | FSFR | 14.82 | 6 | Initiate with buy | Matthew Howlett | UBS | 16.00 | 8.0% |
| Arch Coal Inc | NYSE | ACI | 4.66 | 26 | Downgrade to hold from buy | Peter D Ward | Jefferies | 4.75 | 1.9% |
Goldman Sachs upgraded Domtar Corp (NYSE: UFS), engaged in designing, manufacturing, marketing and distributing a range of fiber-based products, to buy/neutral from neutral/neutral increasing its price target to $138.00 from $100.00, indicating an upside of 22.1% from current levels.
Palo Alto Networks Inc (NYSE: PANW), engaged in offering a network security platform that allows enterprises, service providers, and government entities to secure their networks, was upgraded to outperform from market perform at FBR Capital Markets increasing its price target to $90.00 from $80.00, indicating an upside of 23.8% from current levels.
Needham & Co upgraded Exa Corp (NASDAQ: EXA), engaged in developing, selling and supporting simulation software and services that vehicle manufacturer’s use, to buy from hold with a price target of $17.00, indicating an upside of 23.2% from current levels.
UBS initiated coverage on Fifth Street Senior Floating Rate Corp (NASDAQ: FSFR), a closed-end, non-diversified management investment company, with a buy rating assigning a 12-month price target of $16.00, indicating an upside of 8% from current levels.
Jefferies downgraded Arch Coal Inc (NYSE: ACI), a coal producer, to hold from buy reducing its price target to $4.75 from the earlier target of $8.00, indicating an upside of 1.9% from current levels.
