| Company Name | Exchange | Ticker | Last Price | Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Lightstream Resources Ltd | TSX | LTS | 5.96 | 18 | Upgrade to outperform from sector perform | Don Rawson | Alta Corp Capital Inc. | 6.50 | 9.1% |
| Orezone Gold Corp | TSX | ORE | 0.56 | 10 | Initiate with speculative buy | Don Blyth | Paradigm Capital Inc | 1.05 | 87.5% |
| Strad Energy Services Ltd | TSX | SDY | 4.39 | 6 | Initiate with buy | Russell Stanley | Jennings Capital | 6.00 | 36.7% |
| Enterprise Group Inc | TSX | E | 1.02 | 3 | Initiate with buy | Kam Mangat | Salman Partners | 1.45 | 42.2% |
| Whitecap Resources Inc | TSX | WCP | 12.82 | 16 | Re-initiate with outperform | Ray Kwan | Macquarie | 16.00 | 24.8% |
Alta Corp Capital Inc. upgraded Lightstream Resources Ltd (TSX: LTS), a light oil-focused exploration and production company, to outperform from sector perform with a price target of C$6.50, indicating an upside of 9.1% from current levels.
Coverage on Orezone Gold Corp (TSX: ORE), an exploration-stage company engaged in the acquisition, exploration and development of gold projects, was initiated with a speculative buy at Paradigm Capital Inc with a 12-month price target of C$1.05, indicating an upside of 87.5% from current levels.
Jennings Capital initiated coverage on Strad Energy Services Ltd (TSX: SDY), an energy services company that offers its customers a range of well-site infrastructure and activation solutions, with a buy assigning a 12-month price target of C$6.00, indicating an upside of 36.7% from current levels.
Analyst Kam Mangat at Salman Partners initiated coverage on Enterprise Group Inc (TSX: E), a pipeline construction and oilfield maintenance company, with a buy rating assigning a 12-month price target of C$1.45, indicating an upside of 42.2% from current levels.
Macquarie re-initiated coverage on Whitecap Resources Inc (TSX: WCP), engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids, with an outperform rating assigning a 12-month price target of C$16.00, indicating an upside of 24.8% from current levels.
| Company Name | Exchange | Ticker | Last Price |
Total Analyst Coverage |
Upgrade/ Downgrade |
Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| CACI International Inc | NYSE | CACI | 70.16 | 14 | Upgrade to outperform from underperform | Brian Gesuale | Raymond James | 80.00 | 14.0% |
| FireEye Inc | NASDAQ | FEYE | 52.35 | 22 | Upgrade to outperform from neutral | Sanjit Singh | Wedbush | 62.00 | 18.4% |
| BofI Holding Inc | NASDAQ | BOFI | 77.98 | 8 | Upgrade to buy from neutral | Hugh M Miller | Sidoti & Company LLC | 92.00 | 18.0% |
| Rock-Tenn Co | NYSE | RKT | 100.87 | 15 | Initiate with outperform | Lars Kjellberg | Credit Suisse | 131.00 | 29.9% |
| BOK Financial Corp | NASDAQ | BOKF | 67.67 | 11 | Downgrade to underperform from market perform | Peter J Winter | BMO Capital Markets | 61.00 | -9.9% |
Raymond James upgraded CACI International Inc (NYSE: CACI), a simulation technology company engaged in delivering information solutions and services to its clients, to outperform from underperform with a price target of $80.00, indicating an upside of 14% from current levels. The rating firm foresees a gradually improving macro, diminishing comps through the year, and a handful of company specific tailwinds supporting more constructive earnings outlook. Further, analyst Brian Gesuale believes that any perceived positive earnings bias could catalyze shares higher during the summer months.
FireEye Inc (NASDAQ: FEYE), an inventor of a purpose-built, virtual machine-based security platform that provides real-time protection to enterprises and governments against the next generation of cyber attacks, was upgraded to outperform from neutral at Wedbush with a price target of $62.00, indicating an upside of 18.4% from current levels. The rating firm believes that FEYE’s technology to detect, block and remediate advanced cyber attacks, positions the company well to execute on its strategy. With positive outlook and beaten down stock price, the rating firm foresees a significant upside in the stock.
Sidoti & Company LLC upgraded BofI Holding Inc (NASDAQ: BOFI), a holding company for BofI Federal Bank, a diversified financial services company, to buy from neutral increasing its price target to $92.00 from $83.00, indicating an upside of 18% from current levels. BOFI is scheduled to report to third quarter 2014 earnings on May 6th 2014.
Credit Suisse initiated coverage on Rock-Tenn Co (NYSE: RKT), a North American integrated manufacturer of corrugated and consumer packaging, with an outperform rating assigning a 12-month price target of 131.00, an upside of 29.9% from current levels.
BMO Capital Markets downgraded BOK Financial Corp (NASDAQ: BOKF), a financial holding company offering banking services, to underperform from market perform with a price target of $61.00, indicating a downside of 9.9% from current levels.
