A Canadian gold project developer and a U.S. bank holding company both received analyst upgrades, one of which has an implied upside of nearly 50%.
| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Etrion Corp | TSX | ETX | 0.55 | 183.7 | Upgrade to buy from hold | John McLlveen | Jacob Securities Inc | 0.70 | 27.3% |
| ATS Automation Tooling Systems Inc | TSX | ATA | 13.52 | 1,230.1 | Upgrade to buy from hold | Cherilyn Radbourne | TD Securities | 16.00 | 18.3% |
| RevettMining Co Inc | TSX | RVM | 1.39 | 54.3 | Initiate with buy | Heiko F Ihle | HC Wainwright & Co LLC | 2.62 | 88.5% |
| Premier Gold Mines Ltd | TSX | PG | 2.69 | 413.7 | Initiate with buy | Joe Fazzini | Dundee Securities Corp | 4.25 | 58.0% |
| Dundee Precious Metals Inc | TSX | DPM | 5.43 | 763.0 | Downgrade to sector perform from sector outperform | Leon Esterhuizen | CIBC World Markets | 6.00 | 10.5% |
Jacob Securities Inc upgraded Etrion Corp (TSX: ETX), an independent solar power producer that owns and operates renewable assets, to buy from hold with a price target of C$0.70, indicating an upside potential of 27.3% from current levels.
TD Securities upgraded ATS Automation Tooling Systems Inc (TSX: ATA), a provider of custom designed, built and installed manufacturing solutions to companies worldwide, to buy from hold raising its price target to C$16.00 from C$15.00, indicating an upside potential of 18.3% from current levels.
HC Wainwright & Co LLC initiated coverage on RevettMining Co Inc (TSX: RVM), a Silver-Copper producer that owns and operates the producing Troy Mine, with a buy rating assigning a price target of C$2.62, indicating an upside potential of 88.5% from current levels.
Dundee Securities Corp initiated coverage on Premier Gold Mines Ltd (TSX: PG), an exploration company with a pipeline of gold projects focused in mining jurisdictions in Canada and the U.S., assigning a buy recommendation with a price target of C$4.25, indicating an upside potential of 58% from current levels.
CIBC World Markets downgraded Dundee Precious Metals Inc (TSX: DPM), a gold mining company, to sector perform from sector outperform with a price target to C$6.00, indicating an upside of 10.5% from current levels.
| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Uranium Energy Corp | NYSE | UEC | 1.35 | 122.8 | Upgrade to buy from hold | Rob Chang | Cantor Fitzgerald | 1.75 | 29.6% |
| CorEnergy Infrastructure Trust Inc | NYSE | CORR | 8.02 | 253.8 | Upgrade to buy from hold | Selman Akyol | Stifel | 8.50 | 6.0% |
| 1-800-Flowers.com Inc | NASDAQ | FLWS | 5.98 | 383.2 | Upgrade to buy from neutral | Jeffery Stein | Northcoast Research | 11.00 | 83.9% |
| TeleCommunication Systems Inc | NASDAQ | TSYS | 2.92 | 173.9 | Initiate with buy | Glenn G Mattson | Ladenburg Thalmann & Co | 5.00 | 71.2% |
| Exelixis Inc | NASDAQ | EXEL | 1.85 | 361.0 | Downgrade to neutral from overweight | Edward A Tenthoff | Piper Jaffray | 2.50 | 35.1% |
Cantor Fitzgerald upgraded Uranium Energy Corp (NYSE: UEC), a natural resource exploration company engaged in the exploration of properties in the U.S., to buy from hold raising its price target to $1.75 from $1.45, indicating an upside potential of 29.6% from current levels.
Stifel upgraded CorEnergy Infrastructure Trust Inc (NYSE: CORR), engaged in acquiring midstream & downstream U.S. energy infrastructure assets and enters into long-term triple net leases with energy companies, to buy from hold with price target of $8.50, indicating an upside potential of 6% from current levels.
Northcoast Research upgraded 1-800-Flowers.com Inc (NASDAQ: FLWS), a florist & gift shop, to buy from neutral with price target of $11.00, indicating an upside potential of 83.9% from current levels.
Ladenburg Thalmann & Co initiated coverage on TeleCommunication Systems Inc (NASDAQ: TSYS), engaged in developing and delivering wireless communication technology, with a buy recommendation assigning a 12-months price target of $5.00, indicating an upside potential of 71.2% from current levels.
Piper Jaffray downgraded Exelixis Inc (NASDAQ: EXEL), engaged in developing small molecule therapies for the treatment of cancer, to neutral from overweight reducing its price target to $2.50 from $11.00, indicating an upside potential of 35.1% from current levels.
