Mart Resources Inc. (TSX: MMT) and SunPower Corp. (NASDAQ: SPWR) are
among a number of stocks that received either an analyst upgrade or downgrade
recently, including one with upside potential of more than 140%.
| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Mart Resources Inc | TSX | MMT | 0.58 | 207.0 | Upgrade to buy from hold | Ildar Davletshin | Renaissance Capital | 1.40 | 141.4% |
| Tekmira Pharmaceuticals Corp | TSX | TKM | 27.50 | 615.6 | Upgrade to outperform from market perform | Michael Schmidt | Leerink Partners LLC | 35.84 | 30.3% |
| Sirius XM Canada Holdings Inc | TSX | XSR | 6.05 | 906.4 | Upgrade to buy from hold | Aravinda Galappatthige | Canaccord Genuity Corp | 7.00 | 15.7% |
| RDM Corp | TSX | RC | 2.95 | 63.9 | Initiate with buy | Gabriel Leung | Beacon Securities Ltd | 4.00 | 35.6% |
| Africa Oil Corp | TSX | AOI | 2.45 | 765.2 | Downgrade to hold from buy | Ildar Davletshin | Renaissance Capital | 3.40 | 38.8% |
Renaissance Capital upgraded Mart Resources Inc (TSX: MMT), engaged in the exploration of oil and natural gas, to buy from hold with a price target of C$1.40, indicating an upside potential of 141.4% from current levels.
Tekmira Pharmaceuticals Corp (TSX: TKM), engaged in advancing RNAi therapeutics and providing its lipid nanoparticle delivery technology to its pharmaceutical partners, was upgraded by Leerink Partners LLC to outperform from market perform by raising its price target to C$35.84 from C$23.23, indicating an upside of 30.3% from current levels.
Canaccord Genuity Corp upgraded Sirius XM Canada Holdings Inc (TSX: XSR), engaged in providing satellite radio services, to buy from hold with a price target of C$7.00, indicating an upside potential of 15.7% from current levels.
Coverage on RDM Corp (TSX: RC), engaged in supplying software and hardware solutions for the financial services industry, was initiated with a buy rating at Beacon Securities Ltd by assigning a 12-month price target of C$4.00, indicating an upside potential of 35.6% from current levels
Renaissance Capital downgraded Africa Oil Corp (TSX: AOI), engaged in the exploration and production of oil and gas, to hold from buy by reducing its price target to C$3.40 from C$8.60, indicating an upside of 38.8% from current levels.
| Company Name | Exchange | Ticker | Last Price | Market Cap | Recommendation | Analyst Name | Rating Company | Target Price |
Upside/ Downside (%) |
|---|---|---|---|---|---|---|---|---|---|
| Stifel Financial Corp | NYSE | SF | 48.01 | 3,169.16 | Upgrade to neutral from sell | Alexander Blostein | Goldman Sachs | 50.00 | 4.1% |
| SunPower Corp | NASDAQ | SPWR | 26.57 | 3,489.45 | Upgrade to outperform from neutral | Patrick Jobin | Credit Suisse | 35.00 | 31.7% |
| Piedmont Office Realty Trust Inc | NYSE | PDM | 19.28 | 2,975.30 | Upgrade to outperform from neutral | Dave Rodgers | Robert W. Baird & Co | 22.00 | 14.1% |
| ESCO Technologies Inc | NYSE | ESE | 36.52 | 957.43 | Initiate with overweight | Ben Hearnsberger | Stephens Inc | 42.00 | 15.0% |
| NPS Pharmaceuticals Inc | NASDAQ | NPSP | 45.545 | 4,866.01 | Downgrade to neutral from overweight | Anupam Rama | JPMorgan | 46.00 | 1.0% |
Goldman Sachs upgraded Stifel Financial Corp (NYSE: SF), engaged in financial services business by serving individual and institutional clients in the U.S. and Europe through its subsidiaries, to neutral from sell by increasing its price target to $50.00 from $43.00, indicating an upside of 4.1% from current levels.
SunPower Corp (NASDAQ: SPWR), engaged in the business of manufacturing solar electric systems, was upgraded by Credit Suisse to outperform from neutral with a price target of $35.00, indicating an upside potential of 31.7% from current levels.
Robert W. Baird & Co upgraded Piedmont Office Realty Trust Inc (NYSE: PDM), engaged in the acquisition and ownership of commercial real estate properties throughout the U.S., to outperform from neutral by raising its price target to $22.00 from $21.00, indicating an upside of 14.1% from current levels.
Stephens Inc initiated coverage on ESCO Technologies Inc (NYSE: ESE), engaged in supplying special purpose communications systems for electric, gas, and water utilities, with an overweight rating assigning a 12-month price target of $42.00, indicating an upside of 15.0% from current levels.
NPS Pharmaceuticals Inc (NASDAQ: NPSP), engaged in developing treatment options for patients with rare gastrointestinal, endocrine disorders and serious unmet medical needs, was downgraded by JPMorgan to neutral from overweight with a price target of $46.00, indicating an upside of 1.0% from current levels.
