Oct 25 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Converge Technology Solutions, Mullen Group and Teck Resources, on Friday.
HIGHLIGHTS
* Converge Technology Solutions Corp CTS.TO: National Bank of Canada cuts to sector perform from outperform |
* Mullen Group Ltd MTL.TO: CIBC raises target price to C$17.5 from C$16.5 |
* Parkland Corp PKI.TO: Raymond James cuts target price to C$47 from C$55 |
* TCP Energy Corp TRP.TO: Morgan Stanley raises to overweight from underweight |
* Teck Resources Ltd TECKb.TO: Canaccord Genuity cuts target price to C$78 from C$80 |
Following is a summary of research actions on Canadian companies reported by Reuters on Friday. Stock entries are in alphabetical order.
* Converge Technology Solutions Corp CTS.TO: Canaccord Genuity cuts PT to C$6 from C$6.25 |
* Converge Technology Solutions Corp CTS.TO: CIBC cuts target price to C$4 from C$5 |
* Converge Technology Solutions Corp CTS.TO: National Bank of Canada cuts PT to C$4.5 from C$6 |
* Converge Technology Solutions Corp CTS.TO: National Bank of Canada cuts to sector perform from outperform |
* Converge Technology Solutions Corp CTS.TO: Raymond James cuts PT to C$5.50 from C$6.50 |
* Enbridge Inc ENB.TO: Morgan Stanley resumes coverage with equal-weight rating; PT C$64 |
* IA Financial Corporation Inc IAG.TO: National Bank of Canada cuts to sector perform from outperform |
* IA Financial Corporation Inc IAG.TO: National Bank of Canada ups PT to C$118 from C$102 |
* Mag Silver Corp MAG.TO: BMO raises target price to C$26 from C$24 |
* Montage Gold Corp MAU.V: BMO raises target price to C$3.75 from C$3 |
* Mullen Group Ltd MTL.TO: BMO raises target price to C$20 from C$17 |
* Mullen Group Ltd MTL.TO: CIBC raises target price to C$17.5 from C$16.5 |
* Mullen Group Ltd MTL.TO: Raymond James raises target price to C$18.75 from C$17.25 |
* Parkland Corp PKI.TO: Raymond James cuts target price to C$47 from C$55 |
* South Bow Corp SOBO.TO: Morgan Stanley initiates coverage with price target C$36 |
* South Bow Corp SOBO.TO: Morgan Stanley initiates coverage with underweight rating |
* Storagevault Canada Inc SVI.TO: Scotiabank cuts target price to C$5.50 from C$5.75 |
* TCP Energy Corp TRP.TO: Morgan Stanley raises target price to C$78 from C$62 |
* TCP Energy Corp TRP.TO: Morgan Stanley raises to overweight from underweight |
* Teck Resources Ltd TECKb.TO: Canaccord Genuity cuts target price to C$78 from C$80 |
* Teck Resources Ltd TECKb.TO: CIBC cuts target price to C$78 from C$80 |
* Teck Resources Ltd TECKb.TO: JP Morgan cuts target price to C$76 from C$78 |
* Teck Resources Ltd TECKb.TO: Raymond James raises target price to C$74 from C$73 |
* Teck Resources Ltd TECKb.TO: Scotiabank cuts target price to C$74 from C$79 |
* Teck Resources Ltd TECKb.TO: UBS cuts target price to C$76 from C$78 |
* Waste Connections Inc WCN.TO: ATB Capital Markets raises target to C$260 from C$255 |
* Winpak Ltd WPK.TO: BMO raises target price to C$52 from C$50 |
(Compiled by Bengaluru Newsroom)
((Diaries@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.